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In which of the following situations has the principle of informed consent been violated?
Commercial Paper
Very short-term debt issued by major companies.
Revolving Credit Agreement
A formal, binding agreement with a bank as to the maximum amount a firm can borrow during a period of time. Interest is paid on the amount borrowed and a commitment fee is paid on the unused balance.
Promissory Note
A lending agreement in which the borrower promises to pay principal and interest in accordance with specific terms.
Commercial Banks
Banks that provide a wide range of services to businesses and consumers including loans, checking accounts, and savings options.
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