Which of the Following Statements Is TRUE About a Mid-Ocean

question 26

Multiple Choice

Which of the following statements is TRUE about a mid-ocean ridge?

• A) It includes the deepest parts of the ocean basin.
• B) It is located at a divergent boundary where tectonic plates move apart.
• C) It is a place where old oceanic lithosphere is remelted.
• D) It is a site of explosively erupting volcanoes.
• E) It is a site of some of the world's largest and most devastating earthquakes.

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Definitions:

Contract Rate

The agreed-upon interest rate specified in a contractual agreement, such as a loan or bond.

Bond

An interest-bearing note payable usually in $1,000 denominations issued by a corporation to a large group of lenders.

Annual Interest Rate

The percentage of interest that will be charged or earned on a principal amount over the course of a year.

Face Value

The nominal value or dollar value printed on a security or a financial instrument, such as a bond or a stock certificate.