Which of the Following Is True About a CDS

question 7

Multiple Choice

Which of the following is true about a CDS?

• A) Restructuring is never a credit event
• B) Restructuring is always a credit event
• C) Certain types of restructuring qualify as credit events but others do not
• D) Sometimes a CDS is defined so that restructuring is a credit event and sometimes it is not

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Definitions:

Collagen Fibers

Strong, fibrous proteins that serve as a major component of connective tissues, providing structural support and elasticity.

Proteoglycans

Large molecules found in the extracellular matrix of animal tissue, consisting of a core protein and one or more covalently attached glycosaminoglycan (GAG) chains, involved in maintaining the structural integrity of tissues.

Cartilage

A flexible, strong tissue found in joints and other parts of the body, providing support and cushioning.

Elastin

A highly elastic protein in connective tissue that allows many tissues in the body to resume their shape after stretching or contracting.