The current cash debt coverage ratio is often used to assess

A violation of a condition in a homeowners' association's (HOA's) conditions, covenants and restrictions (CC&Rs) is:

a. more severe than the violation of a covenant. b. the same as the breach of a covenant. c. less severe than the violation of a covenant. d. unaffected by restrictions.

Notes payable and bonds payable are spontaneous liabilities

Indicate whether the statement is true or false