A debt backed by some form of specific property is known as a:?

A. ?debenture.
B. ?mortgage bond.
C. ?subordinated debt.
D. ?government bond.
E. ?term loan.


Answer: B

Business

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Start-up costs are an intangible asset with an indefinite life and should be amortized over the expected life of the business

Indicate whether the statement is true or false

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Waiting lines cause ______ and ______ costs.

a. fixed and variable b. fixed and recurring c. tangible and intangible d. capacity and demand

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The ________ is the primary location in the United States to trade currency options

A) Philadelphia Stock Exchange B) Chicago Board of Trade C) Chicago Mercantile Exchange D) New York Stock Exchange

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Which method of business buying is necessary when products are highly homogeneous and examination of each item is not feasible?

A. Negotiation B. Sampling C. Description D. Inspection E. Homogeneous selection

Business