In Which of the Following Situations Is the Individual NOT

question 68

Multiple Choice

In which of the following situations is the individual NOT actively engaged in selling?

• A) Steve is trying to convince his professor that he deserves an "A."
• B) Brendan is persuading Marilyn to loan him $10, so he can order a pizza.
• C) Chad is trying to convince his biology lab partner to sketch the internal organs of the frog they dissected in lab.
• D) Anna is trying to persuade her husband to attend her family reunion.
• E) Daniel is creating a logo for his home-based Web services company.

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Definitions:

U.S. Bond Market

The financial market in which U.S. government and corporate bonds are traded, essential for investors looking for debt securities.

Mortgage Bond

A bond for which the corporation pledges certain assets as security. All such bonds are written subject to an indenture.

Debenture

An unsecured bond; as such, it provides no lien against specific property as security for the obligation. Debenture holders are, therefore, general creditors whose claims are protected by property not otherwise pledged.

Premium

The amount by which the price of a financial asset exceeds its intrinsic value or the additional cost above the nominal value, such as in insurance or bonds.