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    Principles of Corporate Finance Study Set 4
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    Exam 15: Management of Current Liabilities
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    In a Line of Credit Agreement, a Bank May Retain
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In a Line of Credit Agreement, a Bank May Retain

Question 127

Question 127

True/False

In a line of credit agreement, a bank may retain the right to revoke the line if any major changes occur in the firm's financial condition or operations.

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