Business, 26.10.2019 01:43 fahad7007

The fruitiest candy company finds that from time to time it needs short-term funds to cover its operating expenses. it wants to establish a prearranged loan with a bank but has not found a bank that will guarantee such a loan. perplexed by this, the management team asks you how they should proceed. you recommend that they
a) file a suit against the banks.
b) find a bank out of state or out of the country that will guarantee that the money will be available when needed.
c) simply file a claim with the fdic.
d) retaliate by withdrawing all cash from the local bank and canceling all certificates of deposit.
e) set up a line of credit with a bank that offers a revolving credit agreement.

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