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    Exam 10: Medium-To-Long-Term Debt
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    When a Loan Agreement Contains Actions for a Borrowing Company
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When a Loan Agreement Contains Actions for a Borrowing Company

Question 32

Question 32

Multiple Choice

When a loan agreement contains actions for a borrowing company to comply with,such as supplying financial statements,these are called:


A) accounting ratios.
B) negative covenants.
C) positive covenants.
D) loan options.

Correct Answer:

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