Which of the Following Is the Most Salient Problem with GE

question 29

Multiple Choice

Which of the following is the most salient problem with GE losing its AAA bond rating?

• A) It hurt their reputation.
• B) The higher cost of money.
• C) It dragged GE into the financial crisis.
• D) It had no major impact.

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Definitions:

Immediate Death

The rapid loss of life following an event or condition, without a prolonged period of illness or decline.

Gift Causa Mortis

A gift that is made in contemplation of one’s immediate death.

Contemplation

The action of looking thoughtfully at something for a long time or thinking about something deeply.

Probate

The judicial process in which a will is proven in a court of law to be valid or invalid, and the legal process of administering the estate of a deceased person.