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    Business
  3. Study Set
    Understanding Business
  4. Exam
    Exam 18: Financial Management
  5. Question
    A Line of Credit from a Bank Guarantees a Firm
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A Line of Credit from a Bank Guarantees a Firm

Question 131

Question 131

True/False

A line of credit from a bank guarantees a firm that a specified amount of financing will be available when it is needed.

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