________ is an arrangement in which a financial institution makes money available for use at any time after the loan has been approved
A) Corporate bond
B) Factoring
C) Line of credit
D) Lease agreement
E) Commercial paper
Answer: C
Explanation: Line of credit is an arrangement in which a financial institution makes money available for use at any time after the loan has been approved. It is a common example of an unsecured loan.
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For a large nation, the levying of an import tariff on steel
a. necessarily causes the nation's welfare to decline. b. causes the price of steel on the world market to decline. c. causes the price of steel for domestic consumers to rise by the full amount of the tariff. d. necessarily causes the nation's welfare to increase.
What questions can be asked in a job interview regarding criminal record and what cannot?
What will be an ideal response?
When using a money market hedge, the hedger will hold the currency borrowed until the day it receives payment in terms of the underlying transaction.
Answer the following statement true (T) or false (F)
A term of a lease required that the landlord provide exterminating services monthly to control rats and other pests. The landlord failed to do this despite numerous requests placed by the tenant, and the premises became overrun by rats. This may be considered:
a. a breach of the covenant of quiet enjoyment. b. a physical eviction. c. active waste. d. a constructive eviction.