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    Practical Financial Management Study Set 1
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    Exam 16: The Management of Working Capital
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    As Long as the Borrower Adheres to the Conditions Set
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As Long as the Borrower Adheres to the Conditions Set

Question 248

Question 248

True/False

As long as the borrower adheres to the conditions set forth in a revolving credit agreement, the bank is obligated to advance funds up to the agreed limit.

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