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Title: To reduce moral hazard problems, banks include restrictive covenants in loan contracts. In order for Post by: valputin on Nov 28, 2015 To reduce moral hazard problems, banks include restrictive covenants in loan contracts. In order for these restrictive covenants to be effective, banks must also
A) be willing to rewrite the contract if the borrower cannot comply with the restrictions. B) be prepared to extend the deadline when the borrower needs more time to comply. C) monitor and enforce them. D) trust the borrower to do the right thing. Title: Re: To reduce moral hazard problems, banks include restrictive covenants in loan contracts. In order Post by: Meela on Dec 6, 2015 Content hidden
Title: Re: To reduce moral hazard problems, banks include restrictive covenants in loan contracts. In order for Post by: valputin on Dec 14, 2015 Correct
Title: Re: To reduce moral hazard problems, banks include restrictive covenants in loan contracts. In order for Post by: Meela on Dec 14, 2015 :) Good luck with the rest
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