When an enterpriser takes out a loan from a bank that has a maximum amount that can be borrowed over a specific time period, this is called a(n):
a. line of credit.
b. collateral loan.
c. long-term loan.
d. asset-based loan.
A
Business
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The personal umbrella policy covers some personal injuries. Which of the following is considered a personal injury?
A) bodily injury B) property damage C) defamation of character D) liability arising from professional services
Business
An example of a current return is:
A) a quarterly dividend received from a common stock. B) the price appreciation of a common stock. C) the sale of a common stock at a profit. D) the sale of a common stock at a loss.
Business