A contract that is negotiated directly between a borrowing firm and a bank and under which the borrower agrees to make a series of interest and principal payments to the bank on specific dates is called:
A. preferred stock.
B. commercial paper.
C. convertible debt.
D. a term loan.
E. a bond issue.
Answer: D
You might also like to view...
If the dollar, the yen, or the euro becomes seriously overvalued, a company with a production capacity in other locations can achieve competitive advantage by:
A) buying different currencies before major fluctuations take place. B) conducting transactions in different currencies of the world. C) shifting production among different sites. D) cutting down production and waiting until the currency rate is reasonable. E) reducing production and labor force simultaneously.
State the new rules regarding written communication by issuers before and during registration of securities
What will be an ideal response?
If one were using the on-the-job training method of training, the first step would be to present the operations and knowledge to the learner.
Answer the following statement true (T) or false (F)
Research supporting ____ theory found that maintenance factors can lead to employees feeling not satisfied and motivator factors can lead to employees feeling satisfied.
a. McClelland’s achievement b. Herzberg’s c. Reinforcement d. Expectancy