A contract pledging title to assets as security for a note or bond is known as a(an):
A. Lease.
B. Mortgage.
C. Sinking fund.
D. Indenture.
E. Equity.
Answer: B
You might also like to view...
Which of the following lets our communication partner know that it is his/her turn to speak?
A. turn taking B. turn yielding C. turn maintaining D. back channel signals
In accounting, the purpose of a journal is to provide a written record of the events of each day
Indicate whether the statement is true or false
An owner of a stable of racehorses has been earning below-average returns for more than 15 years. To a colleague, he expressed his determination to stay in horse racing until he died because "racing is in my blood." This individual is probably still racing horses because of:
A. high barriers to exit. B. high switching costs. C. high fixed costs. D. low levels of competitive rivalry.
Characteristics of a lean supply chain include ______.
A. greater frequency of quality inspections B. vendor-managed inventory C. increased amount of rework D. increased quantity of scrapped materials