The Term "Issuer

question 6

Multiple Choice

The term "issuer"

• A)is not used in relation to commercial paper.
• B)is an all-purpose term that means both maker and drawer.
• C)is synonymous with drawee.
• D)is used in relation to commercial paper only to indicate the bank which creates a certificate of deposit.

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Definitions:

Mid-ocean Ridges

Mountainous formations under the sea, created by the shifting of earth's plates, which result in new ocean crust through volcanic processes.

Rising Mantle

The upward movement of the Earth's mantle, often leading to volcanic activity.

Divergent Boundary

A plate-tectonic boundary in which two plates move apart (diverge) relative to one another.

Convergent Boundary

A tectonic plate boundary where two plates move toward each other, often resulting in mountain building, earthquakes, or volcanic activity.