Q no $1)$ a$)$ Equity contracts are subject to a particular type of moral hazard problem called the Principal Agent problem. How do debt contracts solve the problem?

B$)$How are restrictive covenants a solution to the moral hazard problem in debt contracts? Are they effective as a solution?

C$)$ What is asset securitization$?$

What are its benefits to borrowers, issuers, and investors?