Question: c . certified d . perfected e . endorsed Question 1 8 1 pts Which of the following would be considered a negative loan covenant?

c. certified
d. perfected
e. endorsed
Question 18
1 pts
Which of the following would be considered a "negative" loan covenant?
a. the firm's current ratio cannot fall below 2.0
b. all property mustbe maintained in good condition
c. the firm's net worth must exceed $10,000,000
d. the firm must carry property insurance on all collateral
e. cash dividends cannot exceer 50% of earnings
Question 19
1 pts
c . certified d . perfected e . endorsed Question

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