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A Line of Credit Is a Given Amount of Unsecured

question 44

True/False

A line of credit is a given amount of unsecured short-term funds a bank will lend to a business.

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Definitions:

Media Concentration

The phenomenon where a few companies or individuals own large shares of the mass media, leading to a reduction in the diversity of media voices and viewpoints.

Free Press

The unregulated and uncensored dissemination of news and information through various media outlets, considered essential for a democratic society.

Spontaneous

Occurring without apparent external cause, prompt, or planning.

Technology

The use of scientific understanding for real-world applications, particularly in the fields of industry and daily activities.

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