Multiple Choice
Provisions in loan contracts that proscribe borrowers from engaging in specified risky activities are called ________.
A) proscription bonds
B) collateral clauses
C) restrictive covenants
D) liens
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q53: Because borrowers,once they have a loan,are more
Q56: If First National Bank has a gap
Q57: Because larger loans create greater incentives for
Q58: Banks attempt to screen good credit risks
Q59: What special assumptions do income and duration
Q60: One problem with basic gap analysis is
Q62: If a rise in interest rates causes
Q63: A bank's commitment (for a specified future
Q65: If a bank has a negative gap,then
Q66: Deciding on how good a risk you