An Agreement That Makes a Specific Amount of Short-Term Funding

question 67

Multiple Choice

An agreement that makes a specific amount of short-term funding available to a business as it is needed is called a/an ______.

• A) unsecured loan
• B) secured loan
• C) line of credit
• D) demand note

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Definitions:

Social Dominance Orientation

A personality trait characterized by a preference for hierarchy in social situations and endorsement of inequality among groups.

Outgroups

Groups with which an individual does not identify or feel a sense of belonging, often seen as different or outside the in-group.

Intelligence

The ability to learn, understand, and apply knowledge, including problem solving and adapting to new situations.

Belief Congruence Theory

The theory that similar beliefs promote liking and social harmony among people while dissimilar beliefs produce dislike and prejudice.