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In which of the following cases is restructuring of liabilities the likely borrowing cause? The business needs to borrow to meet its payroll coming due
In which of the following cases is restructuring of liabilities the likely borrowing cause? The business needs to borrow to meet its payroll coming due next week. The business is borrowing to purchase the fixed assets of a competitor that is going out of business. The business is borrowing funds in order to take advantage of early payment discounts offered by its major suppliers.The business is purchasing a minority share of another company and requests a loan for part of the purchase money.
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