A Revolving Credit Agreement Is a Commitment in the Form

question 159

True/False

A revolving credit agreement is a commitment in the form of a standby agreement for a guaranteed line of credit.

---

Definitions:

Dependent Variable

In scientific research, the variable that is tested and measured to determine if it is affected by changes in the independent variable.

Self-critical

A tendency to evaluate oneself harshly, focusing on one’s flaws and shortcomings.

European

Pertaining to a person from, or associated with, the continent of Europe.

American

denotes relating to the United States, its people, culture, or characteristics.