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Author Question: A disadvantage of debt financing is that creditors often impose covenants on the borrower. Indicate ... (Read 58 times)

jeatrice

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on: Jul 14, 2018
A disadvantage of debt financing is that creditors often impose covenants on the borrower.
 
 Indicate whether the statement is true or false

Question 2

Because of unlimited liability, it is easy for sole proprietors to borrow large sums of money.
 
 Indicate whether the statement is true or false


SamMuagrove

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Reply #1 on: Jul 14, 2018
Answer to Question 1

True

Answer to Question 2

False


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