Term Loans Often Have a ________ Feature,which Means That After

question 97

Multiple Choice

Term loans often have a ________ feature,which means that after three to five years,the full amount of principal is due before the amortized payments fully repay the loan.

• A)parachute
• B)covenant
• C)balloon
• D)handcuff

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Definitions:

Evolution

A process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.

Physical Characteristics

The observable attributes or features of an object or individual, including shape, color, size, and composition.

Visual Deprivation

A condition of reduced or absent visual input, either experimentally induced or due to a congenital or acquired condition.

Permanent Visual Damage

Damage to the visual system that is irreversible, potentially affecting one's ability to see permanently.