The Johnson Administration

question 79

Multiple Choice

The Johnson administration

• A) believed all of Vietnam should be restored to French control.
• B) sent the first American combat troops to South Vietnam.
• C) sent the first American military advisers to South Vietnam.
• D) began removing military advisers from South Vietnam.
• E) inherited a substantial American commitment to maintain South Vietnam.

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Definitions:

Committed Line Of Credit

A credit facility where the bank agrees to lend a specified amount of money to the company over a certain period of time.

Inventory Loan

A loan that is secured by the inventory of the borrower, providing companies with the capital needed to purchase products for sale.

Debenture

Unsecured debt, usually with a maturity of ten years or more.

Line Of Credit

An arrangement between a financial institution and a customer that establishes a maximum loan balance that the borrower can access.