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
Business
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China, Japan and Russia are countries with a Long Term Orientation.
a. true b. false
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Which of the following actions is performed during the first stage of the negotiation process?
A) planning strategy and tactics B) establishing long-term associations C) developing personal rapport D) fostering mutual trust
Business