Which of the following is an example of positive covenant-00397
Which of the following is an example of positive covenant?
This multiple choice question (MCQ) is related to the book/course vu acc501 Business Finance. It can also be found in vu acc501 Mid Term - Quiz No.16.
Which of the following is an example of positive covenant?
Maintaining any collateral or security in good condition
Limiting the amount of dividend according to some formula
Restricting pledging assets to other lenders
Barring merger with another firm