A-˜ applies to a banker for a loan at a timewhen there is stringency in the money market.The banker declines to make the loan except atan unsually high rate of interest. A-˜ accepts theloan on these terms. In this case the contractis-”

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A-˜ applies to a banker for a loan at a timewhen there is stringency in the money market.The banker declines to make the loan except atan unsually high rate of interest. A-˜ accepts theloan on these terms. In this case the contractis-”






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