Which of the following statements about the issuing of bills of exchange is NOT correct?

		Bills of exchange are sold at a discount to face value
		A bank may accept a bill of exchange
		The drawer is the party that issues the bill of exchange
		The discounter is the party that borrows the funds

Which of the following statements is true for business risk?

		Business risk is affected by the nature of the operations and the industry the company operates in
		Interest rate risk is a category of business risk
		Business risk refers to factors that impact on the value of the companys assets
		None of the given answers are correct

Restrictions in loan contracts that prevent the borrower from undertaking certain actions (such as restricting borrowing additional funds from other banks) are known as:

		Positive covenants
		Negative covenants
		Forward rate agreements
		Financial ratios