Which one of the following might be included in a bond's list of negative covenants?

Question

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A negative covenant is a promise by the borrower not to take certain actions that could affect the bond’s value or the borrower’s ability to repay the bond. Option C, limiting cash dividends to $1 per share or less, is an example of a negative covenant because it restricts the borrower's ability to distribute excess cash to shareholders, which could otherwise be used to repay the bond. The other options are examples of positive covenants, which are promises by the borrower to take certain actions, such as maintaining a certain level of financial ratios or providing financial statements in a timely manner.

Which One of the Following Might Be Included in a Bond's