____ Lie Directly on the Foundation Wall and Provide a Bearing

question 6

Multiple Choice

____ lie directly on the foundation wall and provide a bearing for floor joists.

• A) Bridges
• B) Sills
• C) Rims
• D) Bands

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Definitions:

Fixed Maturity

A term related to fixed-income investments indicating the set date when the principal amount of the investment is paid back to the investor.

Equity Securities

Financial instruments representing ownership interest in a company, such as stocks, which provide shareholders with claims on assets and earnings.

Notes and Bonds

Financial instruments representing a loan made by an investor to a borrower, typically corporate or governmental, where bonds are longer-term than notes.

Fair Value

The estimated market value of an asset or liability, based on current conditions and mutually agreed upon by both buyer and seller.