A debt loan requires a corporation to repay a predetermined portion of the loan amount at regular intervals regardless of how much profit it is making.

Question

Quizplus · Accepted Answer

A debt loan typically has a fixed repayment schedule or amortization schedule, which requires the borrower, in this case, a corporation, to make regular payments irrespective of its profit levels. These payments may include both principal and interest, and failure to make them could result in default and other associated consequences.

A Debt Loan Requires a Corporation to Repay a Predetermined