A marketable security is an unsecured bank loan whereby the bank agree
A marketable security is an unsecured bank loan whereby the bank agrees to lend a company up to a specific amount of cash, at the discretion of the company.
Indicate whether the statement is true or false.
ANSWER
Answer: FALSE
Explanation: A LINE OF CREDIT is an unsecured bank loan whereby the bank agrees to lend a company up to a specific amount of cash, at the discretion of the company.
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