Question: THREE (A) [10 marks] Whenever a company engages a source of finance, it accepts a commitment to the provider of that finance. This commitment, to

THREE (A) [10 marks] Whenever a company engages a source of finance, it accepts a commitment to the provider of that finance. This commitment, to some extent constrains future operations. Describe the nature of the commitment and comment on the constraints imposed in the cases of equity capital, debentures secured on a building and a bank overdraft

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