A ________ Is a Provision That Restricts or Specifies Certain

question 41

Multiple Choice

A ________ is a provision that restricts or specifies certain activities that a borrower can engage in.

• A)residual claimant
• B)risk hedge
• C)restrictive barrier
• D)restrictive covenant

---

Definitions:

Trucking Department

A specialized unit or department within a company responsible for the management and operation of the fleet of trucks for transportation of goods.

Order Fulfillment Department

A division within a company responsible for processing customer orders and ensuring products are delivered to customers efficiently and accurately.

Variable Costs

Costs that vary in direct proportion to the level of production or business activity.

Fixed Costs

Costs that do not vary with the level of production or sales, such as salaries, rent, and insurance.