A ________ Represents a Long-Term Debt Obligation Issued by a Corporation

question 109

Multiple Choice

A ________ represents a long-term debt obligation issued by a corporation or a government.

• A) share of stock
• B) commercial note
• C) certificate of deposit
• D) bond

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Definitions:

Tariffs

Taxes imposed by a government on imported goods. They are used to restrict imports by increasing the price of goods and services purchased from abroad, making them less attractive to consumers.

Equilibrium

A condition where the amount of goods supplied in the market matches the demand, leading to steady prices and quantities.

Tariff

A tax on imports or exports between sovereign states.

Imports

Goods and services brought into one country from another for sale, typically subject to tariffs and trade agreements.