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Olympus acted as a guarantor of loans made by the banks to CFC and QP by depositing funds at the banks equal to the amount
Olympus acted as a guarantor of loans made by the banks to CFC and QP by depositing
funds at the banks equal to the amount loaned. Do you think this creates a related-party
relationship?
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Managerial Accounting
Authors: Ray Garrison, Theresa Libby, Alan Webb
10th Canadian edition
978-1259024900
