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  3. Study Set
    Small Business Management
  4. Exam
    Exam 7: Buying an Existing Business
  5. Question
    If a Banker Requires the Current Loan on a Business
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If a Banker Requires the Current Loan on a Business

Question 10

Question 10

True/False

If a banker requires the current loan on a business to be paid at the time of the sale to the new owner,the banker will require a due-on-sale clause in the agreement.

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