An example of a standard debt provision is the
A. limiting of the corporations annual cash dividend payments.
B. requirement to pay taxes and other liabilities when due.
C. restricting the corporation from disposing of fixed assets.
D. constraints on subsequent borrowing.
Answer:B
An example of a standard debt provision is the
A. limiting of the corporations annual cash dividend payments. B. requirement to pay taxes and other liabilities when due. C. restricting the corporation from disposing of fixed assets. D. constraints on subsequent borrowing.