sarahparah002 sarahparah002

11-01-2019
Business

contestada

Which of the following terms refers to a promise made to lenders by a borrower?

Record

Covenant

Bargain

Investiture

Respuesta :

Nonicorp1 Nonicorp1

29-10-2019

Answer:

Covenant.

Explanation:

A covenant in business context refers to a formal debt agreement between a lender and a company that specific actions will or will not be undertaken.

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