The Main Difference Between a Positive and Negative Covenants Is(are)

question 33

Multiple Choice

The main difference between a positive and negative covenants is(are) :

• A) a positive covenant is one you must not do while a negative covenant must be carried out.
• B) actions that you must do regularly versus periodically.
• C) a positive covenant is one you must do while a negative covenant is to limit actions the firm can take.
• D) no difference as they are both restrictive.

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