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Question 5 Tusken Thaw, a shipping industry, plans to expand its customer base to other countries. To facilitate this process, Tusken Thaw seeks financial assistance

Question 5
Tusken Thaw, a shipping industry, plans to expand its customer base to other countries. To
facilitate this process, Tusken Thaw seeks financial assistance from Jermino Bank. The bank
agrees to lend a specified amount of money; however, it mandates Tusken Thaw to return the
amount with interest in a regular schedule of fixed payments. Which of the following sources of
long-term funds is being used by Tusken Thaw in the given scenario?
A line of credit
Commercial paper
Trade credit
A term loan
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