A term loan ________.
a. is typically unsecured
b. may contain restrictions or covenants
c. is based on past operating history and a firm's high probability of repayment
d. All of these
Ans: d. All of these
Business
You might also like to view...
What is the future value of $10,000 on deposit for 5 years at 6% simple interest?
A) $13,000.00 B) $13,382.26 C) $7,472.58 D) $10,303.62
Business
Prior to establishing a quick response (QR) inventory planning system, suppliers need to rethink their _____
a. credit terms and quantity discount schedule b. quantity discount schedule and minimum order sizes c. purchase prices and minimum order sizes d. credit terms and minimum order sizes
Business