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Holidays Galore Is a Seasonal Business, So in the Off

Question 81

Multiple Choice

Holidays Galore is a seasonal business, so in the off season when it is buying inventory, it is often short of cash. The business usually borrows money from the bank to tide it over until the busy season begins. The bank is Holidays Galore's


A) shareholder.
B) supplier.
C) distributor.
D) interest group.
E) lender.

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