Which of the Following Statements Is False

question 59

Multiple Choice

Which of the following statements is false?

• A) Most Canadian bonds are securities sold by governments and corporations to raise money from investors today in exchange for promised future payments.
• B) By convention the coupon rate is expressed as an effective annual rate.
• C) Bonds typically make two types of payments to their holders.
• D) The time remaining until the repayment date is known as the term of the bond.

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Definitions:

Lost In A Fire

Describes items, possessions, or assets that have been destroyed or severely damaged due to a fire incident.

Voidable Title

A situation in which the transfer of title to property can be invalidated due to certain circumstances like fraud or misrepresentation.

Obtained By Fraud

Acquisition of property, assets, or benefits through deceptive practices, misrepresentation, or other dishonest means.

Good Faith Purchaser

An individual who buys property without knowledge of any previous claims, fraud, or problems associated with it, thus protected by law.