A loan that is usually a one-time loan made to a borrower who needs funds for a specific purpose for a short period is called a ________
A) term loan
B) bill of exchange
C) mortgage loan
D) single-payment note
D
Business
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Indicate whether the statement is true or false
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Sunk costs are a type of incremental cash flow that should be included in all capital-budgeting decisions
Indicate whether this statement is true or false.
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