A Long-Term Loan That Is Given to a Firm Is

question 39

Multiple Choice

A long-term loan that is given to a firm is known as a

• A) share of stock.
• B) bond.
• C) dividend.
• D) random walk.

Recognize the importance of genetic diversity for species survival and adaptation.

Understand the ethical principles underpinning conservation biology.

Comprehend the causes and consequences of extinction and the importance of preventing it.

Understand the concepts and types of renewable and non-renewable energy sources.

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Definitions:

Principal

In agency law, one under whose direction an agent acts and for whose benefit that agent acts.

Implied Trust

A trust not created by explicit words but inferred by law to avoid injustice or to reflect the presumed intention of the parties involved.

Unjust Enrichment

A legal principle where one party is unjustly benefited at the expense of another, often requiring restitution to the party disadvantaged.

Express Trust

A trust explicitly created by a trustor, typically in written form, specifying the beneficiary and terms of the trust.