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  4. Exam
    Exam 9: Finance: Acquiring and Using Funds to Maximize Value
  5. Question
    A _____ Is a Guaranteed Line of Credit in Which
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A _____ Is a Guaranteed Line of Credit in Which

Question 3

Question 3

Multiple Choice

A _____ is a guaranteed line of credit in which a bank makes a binding commitment to provide a business with funds up to a specified credit limit at any time during the term of the agreement.


A) term loan agreement
B) revolving credit agreement
C) trade credit
D) commercial paper

Correct Answer:

verifed

Verified

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