The Face Amount of a Bond Is the Principal

question 19

True/False

The face amount of a bond is the principal.

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Definitions:

Maximum Reimbursement

The highest amount that an insurance plan will pay for a covered healthcare service, after which the patient may be responsible for the remaining costs.

Ophthalmology

The branch of medicine that specializes in the anatomy, functions, and diseases of the eye.

Sonographer

A healthcare professional specialized in using ultrasound equipment to create images or conduct tests for medical diagnostic purposes.

Sound Waves

Vibrations that travel through a medium (e.g., air, water) and can be heard when they reach a person's or animal's ear.