There Are Consequences Associated with Not Paying Interest to Bondholders

question 50

Multiple Choice

There are consequences associated with not paying interest to bondholders.Which of the following apply?

• A)Only statement I is correct
• B)Only statement II is correct
• C)Both statements I and II are correct
• D)Neither statement I nor II is correct

---

Definitions:

AFL-CIO

The American Federation of Labor and Congress of Industrial Organizations, a national trade union center in the United States representing over 12 million active and retired workers.

Political Lobbying

The activity of influencing public officials and legislators to enact laws or policies that favor the interests of specific individuals or groups.

Change to Win

A federation of labor unions in the United States focused on union revitalization and strategic organizing as a method to increase worker representation.

Ethics of Duty

A moral philosophy that emphasizes following a set of prescribed duties and rules as the basis for ethical behavior.