Violation of any standard or restrictive provision by the borrower gives the lender the right to do all of the following EXCEPT
A) alter the terms of the initial agreement, for example accelerate the maturity date.
B) demand immediate repayment.
C) increase the interest rate.
D) seize the loan collateral.

Question

Quizplus · Accepted Answer

The Answer of Violation of any standard or restrictive provision by the borrower gives the lender the right to do all of the following EXCEPT
A) alter the terms of the initial agreement, for example accelerate the maturity date.
B) demand immediate repayment.
C) increase the interest rate.
D) seize the loan collateral.

Violation of Any Standard or Restrictive Provision by the Borrower