Merchandise in Transit Is of Concern to Shippers Because

question 31

Multiple Choice

Merchandise in transit is of concern to shippers because:

• A)it is at risk.
• B)it is expensive.
• C)it is slow moving.
• D)it is highly sensitive.
• E)it is subject to bad weather.

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Definitions:

Term Structure

The term structure represents the relationship between the interest rates and the different maturities of debt securities, often depicted in the form of a yield curve.

Junk Bonds

High-risk and high-yield bonds rated below investment grade by credit rating agencies.

Subordinated Debt

A class of debt which ranks below other debts with regard to claims on assets or earnings.

Priority of Repayment

A hierarchy or order in which obligations and debts are to be paid, particularly relevant in bankruptcies and when liquidating assets.