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i. The company is free to deal with the assets charged as if they had not been charged.
ii. Enables companies without fixed assets to borrow.
iii. It enables the company to charge property which otherwise would not have been
charged since such property cannot be subject to a fixed charge.
iv. Enhances the borrowing capacity of a company of floating charges.
Kavungya answered the question on April 15, 2021 at 19:52
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