Solved

Which of the Following Terms Best Describes a Loan Where

Question 14

Multiple Choice

Which of the following terms best describes a loan where a larger line of credit or lower interest rate has been obtained by providing collateral to back that loan?


A) a term loan
B) a revolving line of credit
C) an asset-backed line of credit
D) a private placement
E) a syndicated bank loan

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents