Which Statement Is Correct

question 14

Multiple Choice

Which statement is correct?

• A) all electrolytic cells are voltaic cells
• B) all voltaic cells are electrolytic cells
• C) metals corrode by an electrolytic process
• D) voltaic cells and electrolytic cells are both electrochemical cells
• E) all electrochemical cells are electrolytic cells

---

Definitions:

Premium

An amount paid for an insurance policy or the amount by which a bond or stock sells above its face value.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a predetermined call price.

Stated Dollar Amount

A specific monetary value declared or agreed upon, which is often used in financial contexts for contracts or transactions.

Par Value

The face value of a bond or the stock value stated in the corporate charter, often set at a minimal amount.