When Interest Payments Are Made by Mailing a Cheque to the Officially

question 68

Multiple Choice

When interest payments are made by mailing a cheque to the officially listed owner, the bonds must have been issued in ______ form.

• A)registered
• B)consolidated
• C)bearer
• D)booked

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Definitions:

Appliance Corporation

A company that specializes in producing electrical or mechanical devices intended to perform certain tasks, typically domestic ones.

Cash Discount Stores

Retail outlets offering goods for sale at lower prices due to immediate payment instead of credit purchase.

Annuals

Plants that complete their life cycle, from germination to the production of seeds, within one year, and then die.

Garden Stores

Retail outlets specializing in the sale of plants, gardening tools, outdoor furniture, and other gardening and landscaping supplies.