Which of the following statements is NOT true?A line-of-credit from a commercial bank:
A) generally has a maximum stated amount available to the borrower.
B) generally charges the borrower interest only for the amount actually utilized
C) once granted generally never needs to be renewed.
D) is often an alternative to and/or in addition to another form of lending already provided by the bank.
C
You might also like to view...
Hina works in a hospital as a nurse. She works closely with Dr. Higdon and a physician’s assistant named Bryan. They work together to take care of their patients as quickly and accurately as possible. Hina’s team works as which level of interdependence?
A. reciprocal B. sequential C. affiliated D. pooled
Answer the following statements true (T) or false (F)
Principles are basic assumptions concerning the business environment.
In order to determine an interval for the mean of a population with unknown standard deviation, a sample of 58 items is selected. The mean of the sample is determined to be 36. The associated number of degrees of freedom for reading the t value is
A. 35. B. 36. C. 57. D. 58.
________ are the most vital assets in work settings.
A. Cultures B. Finances C. People D. Technologies