Multiple Choice
A written document in which a lender promises to make credit available to a borrower,over a designated future period,up to a maximum amount in return for a commitment fee is known as a(n) :
A) negative covenant.
B) loan guarantee agreement.
C) loan policy agreement.
D) loan commitment agreement.
E) affirmative covenant.
Correct Answer:
Verified
Correct Answer:
Verified
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