All of the following statements regarding contract surety credit lines are correct, EXCEPT: Available answer options Select only one option A A surety establishes an annual credit line after a contractor's credit is found to be acceptable. B A credit line typically lasts for three years, unless the underwriter terminates it earlier. C A credit line is expressed as both a single job limitation and an aggregate backlog limitation. D A credit line is the amount of a loan or financing that a surety will extend to a contractor