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Which of the Following Guidelines Should Be Followed When Extending

Question 24

Multiple Choice

Which of the following guidelines should be followed when extending credit?


A) A credit applicant must be notified of the credit decision within 10 days of receipt of the request.
B) The party granting the credit should not disclose the terms of the credit agreement.
C) The credit aspect should be emphasized more than the acknowledgment of an order.
D) The basis for the decision to extend credit need not be indicated.

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