Which of the Following Statements Does Not Accurately Describe a Line

question 78

Multiple Choice

Which of the following statements does not accurately describe a line of credit?

• A)A line of credit is already approved before the money is actually needed.
• B)A line of credit is a long-term loan.
• C)A line of credit can be obtained at a credit union, trust company, or bank.
• D)A line of credit provides an alternative source of funds if an emergency does develop.
• E)A line of credit is available immediately when needed.

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Definitions:

Hydrologic Cycle

The continuous movement of water on, above, and below the surface of the Earth, involving processes such as evaporation, condensation, precipitation, and infiltration.

Primary Drivers

The main factors or forces that cause a particular outcome or condition.

Solar Energy

Power obtained by harnessing the energy of the sun's rays, considered a clean and renewable source of energy.

Condensation Nuclei

Tiny particles in the atmosphere on which water vapor condenses to form clouds and precipitation.