"Triggers" enable the lender to decide whether it might be appropriate to modify or waive restrictions,or to demand immediate repayment.

Question

Quizplus · Accepted Answer

Triggers are put in place by lenders to monitor the borrower's financial performance and determine if any changes need to be made to the loan agreement. These triggers can allow the lender to modify or waive restrictions, or demand immediate repayment in certain situations. Therefore, statement A is true.

"Triggers" Enable the Lender to Decide Whether It Might Be