Teeny Toys Hopes to Raise Long-Term Capital by Promising in Writing

question 194

Multiple Choice

Teeny Toys hopes to raise long-term capital by promising in writing to repay the principal provided by potential creditors in ten years. Additionally, the certificate issued by Teeny Toys promises to pay 5% interest annually for the ten-year life of the security. Teeny Toys intends to issue

• A) stocks.
• B) bonds.
• C) mutual funds.
• D) commodities.

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Definitions:

Validation Text Property

A feature in database systems that allows setting a message to be shown when data entered does not meet certain validation rules.

Table Design View

A feature in database software that allows the user to define or modify the structure of a table visually.

Description Property

An attribute used in programming and databases to provide explanatory text about functions, objects, variables, or database fields.

Purpose

The intended or desired outcome or reason for which something is done or created.