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  3. Study Set
    Intermediate Financial Management Study Set 2
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    Exam 21: Working Capital Management
  5. Question
    A Line of Credit and a Revolving Credit Agreement Are
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A Line of Credit and a Revolving Credit Agreement Are

Question 38

Question 38

True/False

A line of credit and a revolving credit agreement are similar except that a line of credit creates a legal obligation for the bank.

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