Technician a Says Manufacturers Provide Technical Service Bulletins (TSBs) as Updates

question 26

Multiple Choice

Technician A says manufacturers provide technical service bulletins (TSBs) as updates to shop manuals when new problems or maintenance concerns arise for certain vehicle makes or models. Technician B says that if a safety issue is discovered on a certain make of vehicle, the manufacturer may issue a service campaign or recall. Who is correct?

• A) Technician A
• B) Technician B
• C) Both A and B
• D) Neither A nor B

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Definitions:

Stockholder's Earnings

Also known as earnings available for shareholders, it's the portion of a company's profit allocated to each outstanding share of common stock.

Warrants

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at a specified price before the expiry date.

Dilute

To dilute means to make a company's shares less valuable by increasing the total number of shares, often through issuing new shares during fundraising.

Conversion Ratio

The specific number of shares that can be obtained by converting a convertible security like a bond or preferred stock into common stock.