A bond with detachable individual coupons representing interest payments is known as a collateral bond.

a. true
b. false


Answer: b. false

Business

You might also like to view...

Which of the following statements about the Bernie Madoff ponzi scheme is false?

a. Madoff too advantage of his unique ties to the investment community (he was the former Chair of the NASDAQ) to create trust and encourage further investments. b. Madoff began perpetrating the fraud shortly before passage of the Sarbanes-Oxley Act, and the provisions of that Act ultimately led to discovery of the fraud. c. Madoff was sentenced to 150 years in prison. d. The estimated amount missing from client accounts, including fabricated gains, was almost $65 billion.

Business

Marketing communications budgets tend to be higher when there ________

A) is high channel support B) exists hardly any change in the marketing program over time C) are infrequent product purchases in large quantities D) are differentiated products and nonhomogeneous customer needs E) are many easily reachable customers spread over small geographic territories

Business

Which of the following is a major step to be followed when using the multiple options close?

A) Review methods of payment. B) Create one solid product configuration for the client. C) Include all the bestselling products in the configuration. D) Introduce new products during a lull in the conversation. E) Concentrate on the options the prospect seems to be interested in.

Business

Identify seven possible remedies for a buyer when the seller breaches a contract

Business