1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Misha Larkins [42]
3 years ago
9

A construction firm cannot obtain the necessary permits to begin building a shopping mall until it can show it either has or wil

l have the necessary funding to complete the project. The firm may ask a bank for which of the following to allow it to obtain the permits? (I) Commercial letter of credit (II) Loan commitment (III) Credit line (IV) Repurchase agreement
Business
1 answer:
Crazy boy [7]3 years ago
8 0

Answer: Loan commitment or credit line

Explanation: A loan commitment refers to a promise under which the lender commit to provide a loan of a specified amount to the borrower. Similarly, a credit line refers to the amount of money that a credit card holder can use from that account.

In the given case, the construction firm wants to show that they can have necessary funding. Thus, they can use above tools to show that they have the back of banks in case of providing funding.

Thus, the correct option is C or D .

You might be interested in
Which of these is most likely a short-term goal for a high school freshman? A. Buy a house B. Retire comfortably C. Graduate fro
SVETLANKA909090 [29]

Answer:

D. Attend this afternoon's meeting

Explanation:

So Many high school freshman have a goal just to become familiar with their new setting.

3 0
3 years ago
1. The ratio of the money earned on an investment relative to the amount of the investment.
liraira [26]

i dont know high school

7 0
3 years ago
Please do your best. 75% of my grade
Yanka [14]

Answer:

1.False

2.truth

3.truth

4.False

Explanation:

8 0
2 years ago
he University Health Center receives 500 flu vaccinations at the beginning of each flu season. Suppose they offer these vaccines
wariber [46]

Answer: 1. STATEMENT 1

2. It has achieved efficiency.

Explanation:

1. The students who will pay for them at that price will receive the vaccines if the university health center sell them for this price. In this case the theory of free market comes into play, those who have the money will get the resources.

2. The free market theory helps to establish efficiency. If the resources were to be distributed for free the demand will exceed supply resulting in inefficient use of resources.

3 0
3 years ago
A leveraged buyout refers to a(n): a. restructuring action whereby a party buys all of the assets of a business, financed largel
Alexxx [7]

Answer:

a. restructuring action whereby a party buys all of the assets of a business, financed largely with debt, and takes the firm private

Explanation:

In a leveraged buyout, a firm is acquired using debt. The assets of the company are usually used as a collateral for the loans used a leverage buyout.

I hope my answer helps you

4 0
3 years ago
Other questions:
  • Suppose that after hurricane​ Irene, the average income in Cape​ Charles, Virginia decreased by 2 percent. In response to th
    14·1 answer
  • If a government is interested in knowing the total income of its citizens (including remittances, or money earned in a foreign c
    15·2 answers
  • Your german friend has decided to come and visit you in the u.s. you estimate the cost of her trip at $2,200. what is the cost t
    14·1 answer
  • If an investment of $45,000 is earning an interest rate of 8.50% compounded annually, it will take for this investment to grow t
    8·1 answer
  • Oilers, Inc. refines and markets its energy products in different nations around the world. In addition, Oilers' stockholders an
    14·1 answer
  • All of the following must be disclosed on municipal bond trade confirmation EXCEPT: A "In Whole" call dates B For revenue bonds,
    5·1 answer
  • Research shows that ________ is the single most important factor for a new product to defeat competitive ones—having superior ch
    9·1 answer
  • Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Chec
    15·1 answer
  • Asset A and B have expected returns of 5% and 3% per year respectively. Their annual volatilities are both 20% and the correlati
    10·1 answer
  • This question is ssssssssssssssssssssssss IDKKKKK
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!