Multiple Choice
Which of the following statements is are false?
A) A working capital loan is used by firms to finance day-to-day operations.
B) A working capital loan is usually unsecured.
C) A working capital loan is usually used to buy current assets or repay debts incurred in purchasing current assets.
D) All of the above.
E) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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