On January 1,2012,Spencer Corporation signed a contract with the Mid-Rivers Bank for a line of credit that permitted Spencer to borrow up to $50,000.Indicate the effects of signing this contract. 
Definitions:
Animal Substances
Materials or products derived from the bodies of animals, often used in food, medicine, or industry.
Thyroid Hormone
A hormone produced by the thyroid gland that increases energy production, stimulates protein synthesis, and speeds up the repair of damaged tissue.
Pharmacodynamics
The study of the biochemical and physiological effects of drugs and their mechanisms of action in the body.
Clinical Pharmacology
The study of drugs and their clinical use, focusing on the effects and optimal therapeutic applications of pharmaceuticals in humans.
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