What are covenants in loan capital - SS2 Accounting Loan Capital: Terminologies Used Question
What are covenants in loan capital?
A
The original amount of money that a company borrows
B
The frequency and amount of each payment that the borrower must make to repay the loan
C
Terms and conditions that the lender imposes on the borrower to ensure repayment
correct option: c
Please share this, thanks:
Add your answer
No responses