Which of the following is not a way in which banks lend short-term unsecured loans? Through credits cards lines with a certain credit limit Through a guaranteed credit line that has a commitment fee for any unused amount for the year By sending the amount earned from trust and investment products offered by the bank By lending a single date maturity loan to a debtor
Which of the following is not a way in which banks lend short-term unsecured loans? Through credits cards lines with a certain credit limit Through a guaranteed credit line that has a commitment fee for any unused amount for the year By sending the amount earned from trust and investment products offered by the bank By lending a single date maturity loan to a debtor
Chapter7: Types And Costs Of Financial Capital
Section: Chapter Questions
Problem 1bM
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Which of the following is not a way in which banks lend short-term unsecured loans?
Through credits cards lines with a certain credit limit
Through a guaranteed credit line that has a commitment fee for any unused amount for the year
By sending the amount earned from trust and investment products offered by the bank
By lending a single date maturity loan to a debtor
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