Commercial banks lend unsecured short-term funds in the following three basic ways:
A) Commercial paper, lines of credit, and revolving credit agreements.
B) Single-payment note, revolving credit agreements, and commercial paper.
C) Single-payment note, lines of credit, and revolving credit agreements.
D) Commercial paper, lines of credit, and compensating balances.
E) none of the above
Correct Answer:
Verified
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