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Why is it important to have an honest relationship with your banker about your business activities?

a.bankers may share contacts with you that could help your business to grow
b.bankers help the business to lower its tax liability
c.bankers will lower their interest rate
d.bankers can help you to increase your credit score

User Greatromul
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1 Answer

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Having an honest relationship with your banker about doing your business activities would most likely increase your chances of being introduced to someone else who might help you more and will have a significant role and contribution to your business which makes trust is a very crucial in this kind of relationship. Therefore, the answer for this would be option A.
User Gulbaek
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