A Clause That Requires the Borrower to Maintain a Minimum

question 56

Multiple Choice

A clause that requires the borrower to maintain a minimum level of working capital until the loan is repaid is known as

• A) Covenants
• B) Assurances
• C) Endorsements
• D) Guarantors

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Definitions:

Research-Supported

Refers to approaches or treatments that have empirical evidence demonstrating their effectiveness.

External Validity

External validity refers to the extent to which the results of a study can be generalized to other situations and to other people.

Observer Bias

A bias that occurs when an observer's expectations or preconceptions influence their perception and interpretation of events or data.

Placebo Effect

A phenomenon wherein a patient experiences a perceived improvement in condition due to believing they are receiving treatment, when in fact they have been given a non-active substance or intervention.