When Using Visuals for Defining Concepts, You Should

question 7

Multiple Choice

When using visuals for defining concepts, you should

• A) include a label for the visual.
• B) explain the visual.
• C) avoid explanations - a clear label is sufficient.
• D) place the visual at the end of a document.
• E) a and b.

---

Definitions:

Bond Indenture

A contract that spells out the provisions of the contract between the corporation and bondholder.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money, or the amount a lender charges for the borrowing of money.

Contract Rate

The agreed-upon interest rate specified in a loan or bond agreement.

Market Rate

The current price at which an asset or service can be bought or sold in a given market.