Question:What options does a bank have if a company breaks a covenant? 

A None, the bank has to stick to the loan agreement 
B None, required by the IRS to not give any forgiveness 
C The bank can temporarily waive the covenants to give the borrower time to become compliant 
D The bank will permanently waive the covenants 

+ Answer
A 

+ Explanation
Answer not sure

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Md. Habib Ullah

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