A _____ Issued by a Bank Is a Promise by That

question 121

Multiple Choice

A _____ issued by a bank is a promise by that bank to make a loan if certain conditions are met.

• A) compensating balance
• B) cleanup loan
• C) letter of credit
• D) line credit
• E) revolver

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Definitions:

Native Culture

The traditions, customs, languages, and artifacts of a group of people who are indigenous to a specific geographical region.

Assimilation

The process in which people understand an experience in terms of their current stage of cognitive development and way of thinking.

Marginalization

The process that occurs when people identify neither with their minority culture nor with the majority culture.

Gender Bias

Refers to the unfair difference in treatment or attitudes towards people based on their gender rather than their individual merits.