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5 years ago
The purpose of collateral and restrictive covenants is to reduce ________ in debt contracts.
A) adverse selection
B) transactions costs
C) moral hazard
D) loan amounts
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Correct Slight Smile TY
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