When Using a Quotation

question 45

Multiple Choice

When using a quotation,

• A) A quotation of fewer than 40 words is inserted into the text and enclosed with double quotation marks
• B) A quotation of 40 or more words is displayed in a free-standing block of lines with quotation marks and indented about a half inch and started on a new line
• C) Quotation marks are never needed; all one needs to do is to cite the source of the information
• D) A quotation of 40 or more words is displayed in a free-standing block of lines with quotation marks with no indentation and started on a new line

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Definitions:

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during the bond's life, usually at the discretion of the bondholder.

Interest

The cost of borrowing money, represented as a percentage of the principal, paid by the borrower to the lender for the use of the funds.

Interest Paid

The total amount of interest expense that a borrower has paid to lenders during a specific period, reflecting the cost of borrowing money.

Bonds Issued

Debt securities sold by corporations or governments to raise funds, to be repaid at a future date.