In a general line of credit:?
A. ?the bank does not charge a commitment fee.
B. ?the bank charges a commitment fee on the total amount.
C. ?the bank charges a commitment fee on the used balance.
D. ?the bank charges a commitment fee on the unused balance.
E. ?the commitment fee charged is the same as that in a revolving credit agreement.
Answer: A
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A) competitor B) supplier C) channel members' D) customer
A ________ is a contractual agreement between originator of the service concept and an individual or an organization that provides retail distribution of the service
A) franchise B) subsidiary C) joint venture D) branch
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