One RISK of a Line-Of Credit Is That the Borrower

question 42

True/False

One RISK of a line-of credit is that the borrower is only charged on the amount of the credit that is actually utilized.

---

Definitions:

Valued Outcome

An outcome from negotiations or decisions that is held in high esteem or considered beneficial by the involved parties.

Value Claiming

The process of negotiating to maximize one's own benefit from a deal or situation, often at the expense of others' interests.

Value Creating

The process of generating additional worth, utility, or benefits through innovative, entrepreneurial, or strategic activities.

Iterative Process

A method of achieving a desired outcome through repeated rounds of analysis or operations.