Revolving Loans Are Credit Lines

Multiple Choice

Revolving loans are credit lines

A) that allow the borrower to borrow the repeat credit only after the first loan is repaid.
B) that specify a maximum size and a maximum period of time over which the borrower can withdraw funds.
C) whose interest rate adjusts with movements in an underlying market index interest rate.
D) on which a borrower can both draw and repay many times over the life of the loan contract.
E) that include new and used automobile loans, mobile home loans, and fixed-term consumer loans.