NO.PZ2018062004000199
问题如下:
Which of the following covenants is affirmative covenant for issuers:
选项:
A.
Issuing more debt.
B.
Engaging in mergers and acquisitions.
C.
Make timely payments of principal and interest.
解释:
Answer is C, debt covenants are restrictions imposed by the lender on the borrower to protect the lender’s position, with affirmative covenants, the borrower promises to do certain things, such as make timely payments of principal and interest. A and B are negative covenants.
C选项能看出肯定正确的。 但是A,B都是对于公司来说,issue more debt,也没说禁止issue more debt啊。B也是