The Type of Bond That Is Tracked Electronically, Using Computers

question 40

Multiple Choice

The type of bond that is tracked electronically, using computers to record the owners' information, by the issuing company is a

• A) General obligation bond.
• B) Registered bond.
• C) Revenue bond.
• D) Tax-exempt bond.
• E) Zero-coupon bond.

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Definitions:

Operant Conditioning

A learning process through which the strength and frequency of a behavior are modified by the behavior's consequences, such as reward or punishment.

Fixed-Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses have occurred.

Variable-Ratio

A reinforcement schedule where a response is reinforced after an unpredictable number of responses, promoting high and steady response rates.