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    Commercial Banking The Management of Risk
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    Exam 14: Off-Balance Sheet Activities
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    A Revolving Loan Commitment Differs from a Line of Credit
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A Revolving Loan Commitment Differs from a Line of Credit

Question 28

Question 28

Multiple Choice

A revolving loan commitment differs from a line of credit in that:


A) the bank is obligated to make the loan
B) the bank charges a fee
C) a and b
D) none of the above

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