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QUESTION 1 To ensure that a borrower is not using short-term bank credit to finance a part of its permanent needs for funds, banks often
QUESTION 1 To ensure that a borrower is not using short-term bank credit to finance a part of its permanent needs for funds, banks often require borrowers to clean up their short-term loans each year.
True
False
QUESTION 2
The amount that can be obtained on an inventory loan varies inversely with marketability of the items in the inventory.
True
False
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