A ________ is a provision that restricts or specifies certain activities that a borrower can engage in.
A) residual claimant
B) risk hedge
C) restrictive barrier
D) restrictive covenant
Answer: D
A ________ is a provision that restricts or specifies certain activities that a borrower can engage in.
A) residual claimant
B) risk hedge
C) restrictive barrier
D) restrictive covenant
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.