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Author Question: A _____ is a guaranteed line of credit in which a bank makes a binding commitment to provide a ... (Read 130 times)

j.rubin

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on: Jul 14, 2018
A _____ is a guaranteed line of credit in which a bank makes a binding commitment to provide a business with funds up to a specified credit limit at any time during the term of the agreement.
  A. term loan agreement
 
  B. revolving credit agreement
 
  C. trade credit
 
  D. commercial paper
 Fill in the blank(s) with correct word

Question 2

Joint ventures are created for a specific purpose and dissolved when that purpose is achieved.
 
 Indicate whether the statement is true or false


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mistyjohnson

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Reply #1 on: Jul 14, 2018
Answer to Question 1

revolving credit agreement

Answer to Question 2

True


j.rubin

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Reply 2 on: Jul 14, 2018
YES! Correct, THANKS for helping me on my review

dyrone

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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