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Question

A breach of any specified loan covenant by the borrower generally gives the lender the right to do all of the

following, except: (which one is the correct one)

increase the interest rate

demand immediate repayment of the loan

alter the term of the agreement, such as by reducing the maturity date

insist the company hand over its assets

Top Answer

The correct option is : alter the... View the full answer

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Other Answers

It gives the lender the right to... View the full answer

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