The Features of Convertible Notes Include

question 54

Multiple Choice

The features of convertible notes include:

• A)being treated as equity for tax purposes,but as debt for the purpose of calculating balance sheet ratios used in loan agreements.
• B)undated notes which can be converted to ordinary shares at any time.
• C)being issued on international markets.
• D)all of the given options.

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Definitions:

Client-end Database

A Client-end Database is a database that resides on the client side of a client-server architecture, allowing for data storage and management on the user's device.

Split Database

A database architecture that divides the database into two parts: a front-end that contains forms, reports, and application logic, and a back-end that stores the data, enhancing security and performance.

Improve Performance

The act of making adjustments or changes to enhance the efficiency and speed of a system or process.

Back-end Database

A back-end database is a database that is designed to run in the background, typically on a server, to store, manage, and facilitate access to data for front-end applications.