A Provision in Which Semiannual or Annual Contributions Are Made

question 30

Multiple Choice

A provision in which semiannual or annual contributions are made by a corporation into a fund administered by a trustee for purposes of debt retirement is referred to as a:

• A)call provision.
• B)put provision.
• C)sinking-fund provision.
• D)serial payment.

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Definitions:

Deductive Reasoning

A logical process in which a conclusion is based on the concordance of multiple premises that are generally assumed to be true.

Inductive Reasoning

The process of making generalized conclusions based on specific observations or instances.

Scientific Method

A systematic approach to research and experimentation used to explore observations and answer questions.

Occipital Cortex

The region of the brain located in the occipital lobe that is primarily responsible for processing visual information.