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    Exam 8: An Economic Analysis of Financial Structure
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    For Restrictive Covenants to Help Reduce the Moral Hazard Problem,they
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For Restrictive Covenants to Help Reduce the Moral Hazard Problem,they

Question 54

Question 54

Multiple Choice

For restrictive covenants to help reduce the moral hazard problem,they must be ________ by the lender.


A) monitored and enforced
B) written in all capitals
C) easily changed
D) impossible to remove

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