Which of the following is the purpose of a 'negative pledge' clause on a company charge?

To prevent the company from issuing a subsequent charge on the same asset

To prevent the company from selling the asset without the chargee's permission

To prevent the company from using the asset without the chargee's permission

To ensure the company pays the proceeds from the sale of the asset to the chargeholder

扫码查看暗号，即可获得解锁答案！

在此输入暗号

点击获取答案

Chapter16Loancapital

A 'negative pledge' clause prevents the company from issuing subsequent charges on the same asset.

多做几道

Which of the following is a remedy available under the civil law?

A fine

Imprisonment

Damages

All criminal law cases begin in which of the following courts?

The County Court

The Magistrate's Court

The Crown Court

The Queen's Bench, Family and Chancery are all division of which court?

Crown Court

Supreme Court

High Court

Which of the following statements concerning cases brought before a Magistrate's Courts is correct?

The case is decided by the Magistrate rather than a jury

Only criminal cases are heard at a Magistrate's Court

Appeals are made directly to the Court of Appeal

Which of the following offences would only be heard at a Magistrate's Court?

An indictable offence

A summary offence

A 'triable either way' offence