Question: (a) Elaborate on the main differences between credit lines and revolving loans. [12 marks] (b) As a banker, which type of loan would you recommend

(a) Elaborate on the main differences between credit lines and revolving loans. [12 marks]

(b) As a banker, which type of loan would you recommend to a business owner who might be facing liquidity risks? Justify your answer. [13 marks]

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