Parent Corporation Acquired Some of Its Subsidiary's Outstanding Bonds

question 92

Essay

Parent Corporation acquired some of its subsidiary's outstanding bonds. Why might Parent purchase the bonds, rather than the subsidiary buying its own bonds?

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Definitions:

Emotionality

The quality or state of being emotional; the capacity to experience or display emotions intensely.

Openness

In psychology, openness is one of the five major personality traits, characterized by an appreciation for art, emotion, adventure, unusual ideas, curiosity, and variety of experience.

Neuroticism

A personality trait characterized by a tendency to experience negative feelings such as anxiety, anger, or depression more frequently and intensely than others.

Consistency

The quality of achieving a level of uniformity, reliability, or lack of variation in conduct or performance over a period of time.