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    Principles of Managerial Finance
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    Exam 16: Current Liabilities Management
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    The Major Type of Loan Made by Banks to Businesses
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The Major Type of Loan Made by Banks to Businesses

Question 46

Question 46

Multiple Choice

The major type of loan made by banks to businesses is the ________.


A) fixed-asset-based loan
B) short-term secured loan
C) short-term, self-liquidating loan
D) capital improvement loan

Correct Answer:

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