Which One of the Following Is NOT a Bond Provision

question 49

Multiple Choice

Which one of the following is NOT a bond provision?

• A)Pledging financial assets as collateral to the bond issue.
• B)Limiting dividend payments to equity holders.
• C)Limiting payments to other existing bondholders.
• D)Pledging equipment as collateral for the issue.

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Definitions:

Claustrophobia

An anxiety disorder characterized by an irrational fear of being in enclosed or narrow spaces.

Enclosed Places

Spaces that are fully or partially surrounded by walls and a ceiling, often creating a separate and distinct environment from the outside.

Brontophobia

An irrational fear of thunder and lightning.

Triskaidekaphobia

An irrational fear of the number 13, often leading to avoidance of anything associated with this number due to superstitions.