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    Essentials of Entrepreneurship Study Set 2
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    Exam 13: Sources of Financing: Debt and Equity
  5. Question
    A Line of Credit Is a Form of Financing Employed
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A Line of Credit Is a Form of Financing Employed

Question 34

Question 34

True/False

A line of credit is a form of financing employed by sellers of big-ticket items such as cars, boats, and furniture, which the retailers pledge as collateral against the loan.

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