Interest on a Convertible Bond May Be Exchanged for Stock

question 49

True/False

Interest on a convertible bond may be exchanged for stock instead of cash.

---

Definitions:

Tort

A wrongful act or infringement of a right leading to civil legal liability, distinct from contractual obligations.

Invasion Of Privacy

An infringement on a person's right to keep their personal matters and relationships confidential and free from public scrutiny.

False Imprisonment

The unlawful restraint of a person's freedom of movement, without legal authority or justification.

Emotional Distress

Psychological suffering or distress inflicted upon a person due to another's actions, often a factor in personal injury lawsuits.