Question and answer
The term demand loan refers to a loan A. that the lender can increase at any time. B. that the lender can apply for and then receive later. C. that has no maximum limit. D. for which the entire balance must be paid immediately at the lender's request.
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Question
Asked 5/11/2011 6:03:34 PM
Updated 2/26/2015 1:58:41 AM
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User: The term demand loan refers to a loan A. that the lender can increase at any time. B. that the lender can apply for and then receive later. C. that has no maximum limit. D. for which the entire balance must be paid immediately at the lender's request.



Weegy: A.
Expert answered|kdillon|Points 68|



Question
Asked 5/11/2011 6:03:34 PM
Updated 2/26/2015 1:58:41 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by sacha [2/26/2015 1:58:42 AM]
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The term demand loan refers to a loan for which the entire balance must be paid immediately at the lender's request.
Added 2/26/2015 1:58:39 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/26/2015 4:25:19 AM]
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