Multiple Choice
In many cases,a bank requires a borrower to maintain a(n) ________,in which the borrower must keep a portion of the loan amount on deposit with the bank in a non-interest-bearing account.
A) compensating balance
B) unsecured loan
C) angel investor
D) venture capital
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q26: An exchange-traded fund (ETF)is a bundle of
Q52: Although advising and underwriting may be tasks
Q70: If you purchased a share of GE
Q102: Which is the most prominent type of
Q105: How do Ponzi schemes operate?
Q107: Short Case Scenario 16-1<br>Jessica is looking forward
Q108: The best way to take advantage of
Q109: A stock is a portion of the
Q110: A _ is a division of stock
Q111: A stock's real value is its book