a. are a particular form of collateral commonly required on commercial loans.
b. allow banks to monitor firms' check payment practices, which can yield information about their borrowers' financial conditions.
c. are a required minimum amount of funds that a borrower (i. e., a firm receiving a loan) must keep in a checking account at the bank.
d. are all of the above.
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Compensating balances a. are a particular form of collateral commonly required on commercial loans. b. allow banks to monitor firms' check ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Compensating balances a. are a particular form of collateral commonly required on commercial loans. b. allow banks to monitor firms' check payment practices, which can yield information about their borrowers' financial conditions. c.