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What is a promissory note, and what are some terms that are normally included in promissory notes? What is a line of credit and a

  1. What is a promissory note, and what are some terms that are normally included in promissory notes?
  2. What is a line of credit and a revolving credit agreement?
  3. What are some types of current assets that are pledged as security for short-term loans?

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