Question: A potential customer is interested in purchasing a significant number of batches of your flagship product which will require you to produce additional equipment to

A potential customer is interested in purchasing a significant number of batches of your flagship product which will require you to produce additional equipment to fulfill this order The potential customer sends you a letter of intent so that your company can get a bank loan to procure the additional equipment but the bank rejects the loan application what is the most likely reason for the rejection option a there may be a serious credit issues and financial problems with the potential customer option b a letter of intent is not a legal document option c you may not have the authority to request loans for your company option d your company may have had financial problems and credit issues within the past year

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