题目
Which of the following best describes a negative bond covenant? The issuer is:
选项
A.required to pay taxes as they come due.
B.prohibited from investing in risky projects.
C.required to maintain its current lines of business.
答案
B
解析
： B is correct. Prohibiting the issuer from investing in risky projects restricts the issuer’s potential business decisions. These restrictions are referred to as negative bond covenants. A and C are incorrect because paying taxes as they come due and maintaining the current lines of business are positive covenants. ： B是正确的。禁止发行人投资风险项目，限制了发行人的潜在经营决策。这些限制被称为否定条款。 A和C是不正确的，因为到期缴税和维持现有业务是积极的约定。