The After Acquired Property Clause Is a Requirement in a Bond

question 32

True/False

The after acquired property clause is a requirement in a bond issue stipulating that any new equipment purchased after the issue be placed under the original mortgage.

---

Definitions:

Neural Crest Cells

Embryonic cells that give rise to a diverse cell lineage including melanocytes, craniofacial cartilage and bone, and peripheral and enteric neurons and glia.

Telencephalon

Anterior division of the embryonic brain from which the cerebral hemispheres develop.

Neural Tube

An embryonic structure that develops into the brain and spinal cord.

Anencephaly

Defective development of the brain and absence of the bones of the cranium. Only a rudimentary brainstem and a trace of basal ganglia are present.