Which of the following statements is true regarding a bond?
a. A bond is a certificate that acts as evidence of ownership in a corporation.
b. A bond is a certificate that represents a corporation's promise to repay a certain amount of money and interest in the future.
c. If you buy a bond from a company, you are borrowing money from the company.
d. Bondholders receive dividends semiannually.
b
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Distinguish between two-party and three-party secured transactions, and provide some examples
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Evan's boss has asked him to research and to recommend a new insurance provider for employees' health insurance. Everett should write an analytical report
Indicate whether the statement is true or false
The parol evidence rule prohibits introduction of all evidence that would result in modifying written contracts
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A population has a mean of 300 and a standard deviation of 18 . A sample of 144 observations will be taken. The probability that the sample mean will be between 297 to 303 is
a. 0.4332 b. 0.8664 c. 0.9332 d. 0.0668