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Which of the following is NOT a true statement about progressives in business?
Asset Substitution
The practice of replacing an asset in a portfolio with another asset, typically to manage risk or improve returns.
Loan Provisions
Financial terms or conditions included in a loan agreement, such as interest rates or repayment requirements.
Debt Covenants
Agreements between a borrower and lender that outline conditions the borrower must comply with to avoid default.
Affirmative Covenants
Clauses in a financial contract that require the borrower to perform certain activities to maintain the financial health and stability of the company.
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