An Early English System in Which Neighbors Protected Each Other

question 76

Multiple Choice

An early English system in which neighbors protected each other from thieves and warring groups was known as _____.

• A)the pledge system
• B)the watch system
• C)control system
• D)the neighborhood watch system

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Definitions:

Active

In finance, refers to a management strategy involving regular buying and selling of assets to outperform the market, opposite of passive strategies like indexing.

Coupon Rate

The annual interest rate paid on a bond, expressed as a percentage of the bond's face value, to its holders.

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, typically expressed in years.

Par Value

The nominal or face value of a bond, stock, or other financial instrument, representing the value at which it will be redeemed at maturity or the value on which dividends or interest are calculated.