Question:What is the purpose of covenants? 

A They are required by law to be placed on all borrowers 
B To force a borrower to abide by rules which compel the borrower to stay in a situation where they can repay the loan 
C The IRS forces the lenders to place them on all commercial loans 
D To protect the borrower 

+ Answer
C 

+ Explanation
Answer not sure

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Md. Habib Ullah

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