Which of the Following Statements Is False

question 40

Multiple Choice

Which of the following statements is false?

• A) The registered bond system also facilitates tax collection because the government can easily keep track of all interest payments made.
• B) Asset backed bonds and mortgage bonds are secured debt: specific assets are pledged as collateral that bondholders have a direct claim to in the event of bankruptcy.
• C) Notes typically have longer maturities (more than ten years) than debentures.
• D) Although the word "bond" is commonly used to mean any kind of debt security, technically a corporate bond must be secured.

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Definitions:

Tertiary Circular Reactions

The exploratory behaviors observed in infants from about 12 to 18 months of age, characterized by the purposeful adaptation of established schemas to new situations.

Assimilation

The cognitive process of integrating new information into existing cognitive structures and beliefs.

Accommodation

The process by which the eye's lens changes shape to focus near or far objects on the retina or can also refer to adjustments made in beliefs or behavior in response to new information or experiences.

Schematic Restructuring

A cognitive process involving the reorganization or modification of mental structures to incorporate new information or experiences.