If You Had $10,000 to Invest in Bonds and Your

question 22

Multiple Choice

If you had $10,000 to invest in bonds and your intent was to ladder the bond investments at segments of $1,000 every year,for what period of time would each bond be set?

• A)each $1,000 would purchase a 10-year bond,one per year,for the next ten years
• B)each year,$10,000 would purchase a single 1-year bond
• C)purchase one 10-year bond for $10,000
• D)each $1,000 would purchase a 1-year bond,one per year,for the next ten years

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Definitions:

Punitive Damages

Financial compensation awarded to a plaintiff that goes beyond what is necessary to compensate for losses and is intended to punish the defendant for egregious wrongdoing.

Outrageous

Behavior or actions that are shocking because they are so wrong, unusual, or out of the ordinary.

Intentional Tort

A civil wrong resulting from an intentional act committed on the person, property, or economic interest of another. Intentional torts include assault, battery, conversion, false imprisonment, intentional infliction of emotional distress, trespass to land, and trespass to chattels.

Physical Injury

Damage to a person's body as a result of an accident or violence, distinct from emotional or psychological harm.