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Which option is INCORRECT? Credits not necessarily mean money transfer. In case of loans after the capital is provided the borrower is liable to pay
Which option is INCORRECT?
Credits not necessarily mean money transfer.
In case of loans after the capital is provided the borrower is liable to pay interests
In case of credits the borrower is automatically liable to pay interests.
In case of loans cash transfer is automatic.
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Finance Directors Handbook
Authors: Glynis D Morris, Sonia McKay, Andrea Oates
5th Edition
1566768691, 978-1566768696
