If You Were to Ask a 6-Year-Old Child to Give

question 97

Multiple Choice

If you were to ask a 6-year-old child to give you another word for "fair," which of the following responses would you be most likely to get?

• A)earn
• B)balance
• C)amount
• D)equal

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Definitions:

Debentures

A type of long-term security issued by a company, backed only by the general creditworthiness and reputation of the issuer.

Mortgage Bonds

Debt securities secured by a mortgage or collection of mortgages, giving holders a claim on the underlying property.

Directors' Meeting

A formal gathering of the board of directors of an organization to discuss and make decisions on company policy and management issues.

Preferred Shares

A type of stock that provides dividends and certain privileges in the event of liquidation before common stockholders.