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Question 10 Under a line of credit, in a revolving credit agreement: a bank makes a binding commitment to provide a business with funds
Question 10 Under a line of credit, in a revolving credit agreement: a bank makes a binding commitment to provide a business with funds up to a speci time during the term of the agreement. Oa bank provides funds for no more than 90 days. the bank interest rate is allowed to float based on agreed-upon criteria. O a bank agrees to make additional funds available as long as the principal and interest a
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