Which of the following is an unsecured short-term bank loan made for a specific purpose?
A) transaction loan B) mortgage bond
C) line of credit D) revolving credit agreement
A
Business
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Under modern statutes, the two general prerequisites to the declaration of a dividend are Corporate solvency. A resolution by the directors to declare a dividend.
A. I only. B. II only. C. Both I and II. D. Neither I nor II.
Business
In a mid-size sales organization, typically the vice president of marketing or sales heads the sales organization
Indicate whether the statement is true or false
Business