A Bond Is

question 83

Multiple Choice

A bond is

• A) a claim on the assets of the corporation that gives the purchaser an ownership right in the corporation.
• B) the share of profits distributed to bondholders.
• C) a promise to pay for the use of someone else's money.
• D) a promise of ownership of the government.
• E) c and d

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Definitions:

Financial Strains

indicates a state of economic distress experienced by individuals, families, or organizations, often leading to difficult financial decisions and adjustments.

Colonial Governors

Officials appointed to govern a colony, representing the interests of the colonizing country.

Colonial Assemblies

Legislative bodies in the American colonies where elected representatives of the colonists gathered to make local laws, levy taxes, and ensure their interests were represented.

Freedom of the Press

The freedom to distribute and share thoughts, beliefs, and information without interference or suppression from the government.