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| Dorsy Manufacturing plans to issue mortgage bonds subject to an indenture. Which of the following restrictions or requirements are likely to be contained in the indenture? I. Receiving the trustee's permission prior to selling the property. II. Maintain the property in good operating condition. III. Insuring plant and equipment at certain minimum levels. IV. Including a negative pledge clause. A. I and IV only. B. I, II, III and IV. C. I, III, and IV only. D. II and III only. |