Company As interest ratio has fallen below the level required by its lender. The lender...

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Accounting

Company As interest ratio has fallen below the level required by its lender. The lender may not take which action?

Multiple Choice

  • Demand repayment of the loan.

  • Replace the CEO of the company.

  • Veto payment of a dividend.

  • Gain representation on the companys board of directors.

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