Solved

A Bank Loan That Imposes Restrictions or Covenants on the Business

Question 95

Multiple Choice

A bank loan that imposes restrictions or covenants on the business decisions an entrepreneur makes concerning the company's operations is called a ________.


A) home equity loan
B) floor planning
C) term loan
D) line of credit

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions