A Commitment Fee Is the Fee That Is Normally Charged

question 33

True/False

A commitment fee is the fee that is normally charged on a revolving credit agreement.

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Definitions:

Supplier B

A reference to an unnamed second supplier in a given context, possibly in comparison to other suppliers.

Defective

Referring to a product or item that has a flaw or fault that prevents it from functioning correctly or as intended.

Lie Detector

A device or technique used to attempt to determine whether a person is telling the truth by measuring physiological responses.

Polygraph

An instrument that measures and records several physiological indicators such as blood pressure, pulse, respiration, and skin conductivity while a subject is asked questions, purported to indicate lying or truthfulness.