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Dave has recently taken Jennifer out for a wonderful, elaborate birthday date, which involved all of Jennifer's favorite activities and an expensive gift. However, when Dave's birthday came a week later, Jennifer gave him some flowers and told him that she had too much work to do, so they could not go out anywhere. Remembering the birthday he had given Jennifer a week earlier, Dave was very upset. Jennifer could not understand his anger and told him that she had thought that the gift he had given her was because he loved her, not because he thought he would get a gift later. Dave considers the relationship to be based on __________ and Jennifer considers the relationship to be __________.
Affirmative Covenants
Clauses in a loan agreement that require the borrower to perform certain actions to maintain the terms of the loan.
Borrower Must
Requirements or conditions that a borrower is obliged to meet in order to qualify for a loan or maintain its good standing.
Agency Cost
Agency cost refers to the expenses incurred due to the conflict of interest between shareholders and management within a company.
Principals
Fundamental truths or propositions that serve as the foundation for a system of belief or behavior or for a chain of reasoning.
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