An Issue of Serial Bonds

question 123

Multiple Choice

An issue of serial bonds:

• A)will pay no interest payments.
• B)will have varying issue dates.
• C)will have a series of maturity dates.
• D)cannot be called.
• E)will all mature ten years from the date of issue.

---

Definitions:

Mens Rea

A legal principle referring to the intent or knowledge of wrongdoing that constitutes part of a crime, as opposed to the action or conduct of the accused.

Criminal Liability

The legal responsibility for committing acts that are proscribed by criminal law and subject to punishment.

Misdemeanor

A criminal offense that is less serious than a felony and typically punishable by fines, community service, probation, or short-term imprisonment.

Disturbing the Peace

A criminal offense involving acts that disrupt the public order, such as excessive noise or violent behavior in a public place.