Bank term loans represent __________.
A. long-term loans that looks like short-term debt
B. loans for specified amounts that require borrowers to repay them according to specified schedules
C. the pledge of receivables
D. all of these
A. long-term loans that looks like short-term debt
B. loans for specified amounts that require borrowers to repay them according to specified schedules
C. the pledge of receivables
D. all of these
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