Which of the Following Statements Is False

question 14

Multiple Choice

Which of the following statements is false?

• A) Global bonds combine the features of domestic bonds, foreign bonds, and Eurobonds, and are offered for sale in several different markets simultaneously.
• B) In a leveraged buyout (LBO), a group of private investors purchases all the equity of a public corporation.
• C) A term loan is a bank loan that lasts for a specific term.
• D) Eurobonds are international bonds that are denominated in the local European currency of the country in which they are issued.

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Definitions:

Reefer

A refrigeration trailer.

Trucking Industry

The sector of the economy focused on the transportation of goods and materials over land, primarily using large vehicles like trucks.

Refrigerated Trailer

A temperature-controlled trailer used in the transportation of perishable goods to maintain freshness by keeping them cold or frozen.

Separate Evaporator

A distinct unit in a refrigeration or air conditioning system where the refrigerant evaporates, absorbing heat and thus cooling the environment.