A bond feature that requires firms to repurchase a portion of its bonds on a regular basis throughout the life of the bonds, or to set aside an equivalent amount is known as a:

A) debenture contract.
B) call option feature.
C) sinking fund.
D) put option feature.


C

Business

You might also like to view...

A manufacturer offers its intermediaries an extra benefit for performing a promotional activity. This is an example of the use of ________ power

A) reward B) coercive C) functional D) expert E) referent

Business

The U.S. avoids trade barriers on imports in support of free trade principles.

Answer the following statement true (T) or false (F)

Business

Fashion Spell, an apparel store, has a page on Facebook through which it interacts with its customers. It encourages customers to post comments about the store and give feedback

It also holds a lucky draw competition every week and the winner receives a gift voucher from Fashion Spell. Given this information, Fashion Spell uses _____ to increase its customer base. a. social media marketing b. product adaptation c. contract manufacturing d. countertrade

Business

Dinner Theater files a suit against Entertainers Agency, Inc, to enforce a con-tract. The only written evidence of the contract is a memo on Entertainers's let-terhead signed by Fiorello, a company officer. The con¬tract can be en¬forced if the memo includes

a. a correct title, such as "Dinner Theater–Entertainers Artist Contract.". b. Fiorello's title. c. all essential terms. d. a reference to the source of the funds to be paid.

Business