An agreement by a lender to offer a loan on a real estate if and when the borrower demands it is know as a(n) _________ loan commitment.
a. standby
b. interim
c. backup
d. substitued
Answer: a. standby
Business
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A person who writes a cheque to purchase goods knowing that they did not have enough money in their bank account can be liable for the tort of conversion
Indicate whether the statement is true or false
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What is perhaps the most common approach to meeting short-term fluctuations in work volume?
A) paying overtime B) re-hiring retirees C) leasing employees D) hiring temporary employees
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