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A Compensating Balance Not Only Forces the Borrower to Be

question 35

True/False

A compensating balance not only forces the borrower to be a good customer of the bank but may also raise the interest cost to the borrower.


Definitions:

Immanence Of God

The concept that God is present and active within the creation and the universe, transcending yet being within all things.

Deist Conception

The belief in a God who created the universe but does not intervene in it or alter its laws with supernatural events.

Voltaire

A French Enlightenment writer, historian, and philosopher famous for his wit, his criticism of Christianity, and his advocacy for freedom of speech, religion, and separation of church and state.

Book Of Job

An ancient text from the Hebrew Bible that explores themes of justice, suffering, and the righteousness of God through the experiences of a man named Job.

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