Which of the following businesses would be most likely to require an unsecured bank loan, such as a line of credit or a revolving credit agreement?
A) Christmas tree farm
B) envelope manufacturer
C) manufacturer of integrated circuits
D) poultry producer

Question

Quizplus · Accepted Answer

A Christmas tree farm would be most likely to require an unsecured bank loan like a line of credit or revolving credit agreement due to the seasonal nature of its business, needing funds to cover operating expenses until sales revenue is received.

Which of the Following Businesses Would Be Most Likely to Require