Which of the following is not included in the terms of credit in a ...
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Which of the following is not included in the terms of credit in a bank loan?
(a) The rate of interest
(b) The lender's land
(c) The borrower's land
(d) The time period of the loan
Key Concept: Bank loan are frequently used to finance start. up capital and also for larger, long-term purchases.
Answer is (b) The lender's land.
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