Question: Which statement below best describes a technical default? O The borrower violates one or more loan covenants but has made all principal payments. O The

Which statement below best describes a technical default? 

O The borrower violates one or more loan covenants but has made all principal payments. 

O The borrower has not violated any covenants but has missed both an interest and principal payment. 

O The borrower violates one or more loan covenants but has made all interest payments 

O The borrower v iolates one or more loan covenants but has made all interest and principal payments.

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