What Is the Classification of a Covenant That Limits the Amount

question 2

Multiple Choice

What is the classification of a covenant that limits the amount of debt the borrower can have outstanding?

• A)Affirmative
• B)Negative
• C)Maintenance
• D)Financial

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Definitions:

Internal

Originating from or situated within an organism, object, or system, rather than coming from external influences.

Needs

Fundamental physiological or psychological requirements that are essential for the survival, well-being, and proper functioning of an organism.

Goals

Targets or outcomes that an individual, group, or organization aims to achieve through concerted effort.

Internal

Located within or happening inside a body, mind, or institution.