Which of the Following Is an Example of a Positive

question 281

Multiple Choice

Which of the following is an example of a positive covenant.

• A) The firm must limit the amount of dividends it pays according to some formula.
• B) The firm cannot pledge any assets to other lenders.
• C) The firm cannot merge with another firm.
• D) The firm cannot sell or lease any major assets without approval by the lender.
• E) The company must maintain its working capital at or above some specified minimum level.

---

Definitions:

Racial Intermarriage

Marriages between individuals of different racial backgrounds, often viewed as a measure of social integration and changing racial attitudes.

Anti-miscegenation Laws

Regulations that prohibit interracial marriage and sometimes interracial sexual relations.

Double Bind

A situation where an individual faces two conflicting demands or a no-win scenario, particularly in contexts of discrimination or bias.

Racial-ethnic Women

This term underscores women who identify with specific racial or ethnic groups, emphasizing their particular cultural and social experiences.