Question: QUESTION 1 To ensure that a borrower is not using short-term bank credit to finance a part of its permanent needs for funds, banks often

QUESTION 1 To ensure that a borrower is not using short-term bank credit to finance a part of its permanent needs for funds, banks often require borrowers to clean up their short-term loans each year.

True

False

QUESTION 2

The amount that can be obtained on an inventory loan varies inversely with marketability of the items in the inventory.

True

False

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