Can a financial institution keep borrowers from engaging in risky activities if there are no restrictive covenants

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Can a financial institution keep borrowers from engaging in risky activities if there are no restrictive covenants written into the loan agreement?

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Financial Markets And Institutions

ISBN: 978-0132136839

7th Edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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Question Posted: Nov 12, 2012 01:14 AM

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Can a financial institution keep borrowers from engaging in risky activities if there are no restrictive covenants

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Financial Markets And Institutions

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