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:

Personal Responsibility

The concept of being accountable for one's actions and accepting the consequences that come with them; underlines the importance of individual action in shaping one's life and society.

Secure Self-Esteem

A form of self-esteem that is stable and resilient to external conditions, reflecting a true and positive self-evaluation.

Accepts Himself

The recognition and acknowledgment of oneself with all strengths, weaknesses, successes, and failures.

Affected

Influenced or touched by an external factor, or displaying emotions artificially.