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Other Fields Homework Help Business Topic started by: stranahan on Nov 18, 2016



Title: A line of credit is a secured bank loan whereby the bank agrees to lend a company up to a specific ...
Post by: stranahan on Nov 18, 2016
A line of credit is a secured bank loan whereby the bank agrees to lend a company up to a specific amount of cash, at the discretion of the company. In other words, it is just a pre-arranged loan.
A) True
B) False


Title: Re: A line of credit is a secured bank loan whereby the bank agrees to lend a company up to a ...
Post by: waspchichester on Nov 18, 2016
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Title: Re: A line of credit is a secured bank loan whereby the bank agrees to lend a company up to a specific ...
Post by: stranahan on Jan 6, 2017
Thank you very much for this. It's really helpful.