Tommy Joined the Military When He Was 18 Years Old

question 41

Multiple Choice

Tommy joined the military when he was 18 years old. After serving his first enlistment contract, he re-enlisted with plans on making a career out of it. While overseas on deployment, Tommy steals some merchandise from the local town store.

• A)In this case, jurisdiction rests with:
• B)the US military only.
• C)the host country only.
• D)either the US military or the host country.
• E)neither the US military nor the host country.

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Definitions:

Term To Maturity

The time remaining until a debt instrument, such as a bond or loan, is due to be repaid.

Strip Bond

A debt security that has had its periodic interest payments removed, trading only on the principal amount and offering a final payment at maturity.

Par Value

Par value is the nominal or face value of a bond, share, or coupon as stated by the issuer.

Coupon Payments

Regular interest payments made to bondholders over the life of a bond.