A Provision That Allows Lenders to Acquire Equity at a Specific

question 23

Multiple Choice

A provision that allows lenders to acquire equity at a specific price is known as a(n) :

• A)factor
• B)warrant
• C)venture lease
• D)equity carve-out

---

Definitions:

TSX

The Toronto Stock Exchange, one of the largest stock exchanges in the world, based in Canada.

OTC

Over-the-counter; referring to securities traded in some context other than on a formal exchange.

Proprietorship

A business entity owned and operated by a single individual, with no distinction between the business and the owner.

Personal Liability

The responsibility of individuals to repay debt or fulfill obligations from their own assets, distinct from corporate or shared liabilities.