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

question 73

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:

Political

Relating to the government, public affairs, or the administration of power within a society.

Religious

Pertaining to or connected with a belief in and worship of a superhuman controlling power, especially a personal God or gods.

Special Interest Groups

Organizations that raise and spend money to influence elected officials and/or public opinion.

Elected Officials

Individuals who have been chosen through a voting process to hold public office and represent the interests of the electorate.