What is an open line of credit?
a. a line of credit which has no current balance.
b. a line of credit with a variable interest rate.
c. a line of credit against which additional debt may be drawn.
d. a line of credit which has no credit history requirements.

Its C on e2020. i just took the test, hope that helps

What is an open line of credit?

An open line of credit is also a line of credit is lend to a person by a bank. This amount is usually pre set from the bank's side. The person can borrow up to the maximum amount fixed in the credit line as and when required.

So, option C is the best possible answer-  A line of credit against which additional debt may be drawn.

sorry can't

step-by-step explanation:

i googled though and something came up but it was in science langueage not common english sooo