An agreement that allows a company to obtain additional loans, up to a set amount, without a

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An agreement that allows a company to obtain additional loans, up to a set amount, without a new loan application is called ? .

a. line of credit

b. commercial paper

c. accounts payable

d. promissory note

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Business Finance

ISBN: 9780357532348

1st Edition

Authors: Les Dlabay, James L. Burrow

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