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    Business Essentials Study Set 5
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    Exam 17: Managing Business Finances
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    What Is the Result of a Borrower Who Fails to Make
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What Is the Result of a Borrower Who Fails to Make

Question 67

Question 67

Multiple Choice

What is the result of a borrower who fails to make payments to the lender when due?


A) Bankruptcy
B) Default
C) Risk ratings
D) Bondholder's claim
E) Bond indenture

Correct Answer:

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