Answer:
b. line of credit
Step-by-step explanation:
line of credit can be regarded as credit facility that is been offered to customer as well as businesses so that when ever they need funds they can draw on it. Line of credit can be offered by the government, bank as well as individual. Line of credit gives room to customer for accessibility of funds anytime so far the limit has not been exceeded. It should be noted that a line of credit is an agreement by which a financial institution promises to lend a business a predetermined sum on demand,