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Title: How is a revolving credit agreement different from a line of credit? Post by: prodeco on Jun 14, 2017 How is a revolving credit agreement different from a line of credit?
A) Only in a revolving credit agreement does the bank guarantee the loan and is the bank obligated to loan funds up to the credit limit. B) Only in a revolving credit agreement does the bank specify how much it is willing to lend the borrower. C) Only in a revolving credit agreement is the borrower asked to produce a credit report. D) Only in a revolving credit agreement does the bank specify a period of time for the loan. E) Only in a revolving credit agreement does the borrower provide some form of collateral. Title: Re: How is a revolving credit agreement different from a line of credit? Post by: eyemak83 on Jun 14, 2017 Content hidden
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