A Covenant That Restricts a Company from Making Loans or Otherwise

question 66

Multiple Choice

A covenant that restricts a company from making loans or otherwise providing credit is best viewed as a restriction on which of the following?

• A)issuing new debt
• B)dividends and share repurchases
• C)mergers and acquisitions
• D)asset disposition
• E)investment opportunities

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Definitions:

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Poussin

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