Restrictive loan covenants are not negotiable.

Name: Restrictive loan covenants are not negotiable.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Restrictive loan covenants may be negotiable depending on the lender and the borrower's bargaining power. Both parties may negotiate the terms and conditions of the covenant to suit their respective needs and situations. However, some lenders may impose non-negotiable standard covenants to ensure the borrower's creditworthiness and compliance with the loan agreement.

Restrictive Loan Covenants Are Not Negotiable