The following may trigger acceleration clauses in default provisions:
A)impairment of collateral
B)change in management or ownership
C)failure to make timely payments
D)b and c only
E)all of the above

Question

Quizplus · Accepted Answer

All of the above may trigger acceleration clauses in default provisions. Impairment of collateral and change in management or ownership may affect the lender's security or trust in the borrower's ability to repay, while failure to make timely payments directly breaches the loan agreement.

The Following May Trigger Acceleration Clauses in Default Provisions