Provisions in Loan Contracts That Prohibit Borrowers from Engaging in Specified

question 70

Multiple Choice

Provisions in loan contracts that prohibit borrowers from engaging in specified risky activities are called

• A)proscription bonds.
• B)restrictive covenants.
• C)due-on-sale clauses.
• D)liens.

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Definitions:

City B

A hypothetical or nonspecific urban area referred to for the purpose of discussion or example.

Incidence Rates

denote the frequency at which new cases of a disease or condition occur in a population over a specified period of time.

Mortality Rates

The measure of the frequency of occurrence of death in a defined population during a specified period.

Seasonal Influenza

An infectious respiratory illness caused by influenza viruses that occur seasonally, typically in the fall and winter.