Extreme duress is considered a personal defense

For most homeowners, Basic Format (HO-1) does not provide adequate protection

Indicate whether the statement is true or false.

Typically, the interest rate on corporate bonds will be ________ the more restrictions are placed on management through restrictive covenants, because ________

A) higher; corporate earnings will be limited by the restrictions B) higher; the bonds will be considered safer by bondholders C) lower; the bonds will be considered safer by buyers D) lower; corporate earnings will be higher with more restrictions in place