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MATCHING Match Each Term with the Correct Statement Below

question 21

Multiple Choice

MATCHING
Match each term with the correct statement below.
-performs an action first and then tests to see whether the action should continue to occur

Understand the basic definitions and purposes of various types of bonds and funds.
Recognize the characteristics and functions of corporate bonds.
Differentiate between government securities such as Treasury bills, notes, and bonds.
Identify and understand the ways investors can earn returns from bonds.

Definitions:

Al Gore

A former Vice President of the United States who has been notably active in raising awareness about global warming and environmental issues.

Substantial Performance Standard

A legal principle that if a party has largely fulfilled its obligations under a contract, with only minor breaches, it is entitled to payment, minus damages for the breaches.

Reasonable Person Standard

A legal standard used to determine how an average person would responsibly act in certain situations, applying an objective perspective.

Express Condition

A clearly stated, specific condition in a contract that must be met for the performance of the contract to be required or for a party to fulfill its obligations.

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