In Standard & Poor's Credit Ratings System, a Rating of CCC

question 64

Multiple Choice

In Standard & Poor's credit ratings system, a rating of CCC indicates:

• A) default is likely.
• B) default risk has dropped to zero.
• C) no rating has been formally decided.
• D) default is unlikely.

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Definitions:

Structure

Structure refers to the arrangement of atoms or molecules in a substance, determining its properties and function.

Reaction

A process in which substances interact to form one or more new substances with different molecular compositions and properties.

Organic Product

A compound or material derived from living organisms, typically characterized by carbon-based structures.

Major

Term often used to describe the predominant or most abundant component, product, or outcome in a process or mixture.