Contrary to positive bond covenants, negative covenants are most likely: A. Costlier. B. Legally enforceable. C. Enacted
Question:
Contrary to positive bond covenants, negative covenants are most likely:
A. Costlier.
B. Legally enforceable.
C. Enacted at time of issue.
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The answer is B Legally enforceable Negative bond covenants are contractual provisions that restrict ...View the full answer
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