A revolving credit agreement is a form of financing consisting of short-term, unsecured promissory notes issued by firms with a high credit standing

Indicate whether the statement is true or false


FALSE

Business

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Three major organizations in the private and public sector develop U.S. and International Financial Reporting Standards. They include all of the following except the

A) EU (European Union). B) SEC (Securities and Exchange Commission). C) FASB (Financial Accounting Standards Board). D) IASB (International Accounting Standards Board).

Business

Explain the concept of apparent authority.

What will be an ideal response?

Business

How does issues management differ from standard crisis management?

A) Issues management is more forward-thinking. B) Standard crisis management plans from the outside-in. C) Issues management identifies all potential issues. D) Standard crisis management is a thing of the past.

Business

Which of the following is a correct statement regarding a PPO?

a. It is basically an indemnity policy between the insured and the insurance company. b. It covers speculative and non speculative risks. c. It is a group of health care providers owned by one organization. d. It contracts with various hospitals and physicians to provide health care to its members. e. It provides universal and variable health insurance.

Business