One of the Most Important Factors in Making Debt Less

question 86

Multiple Choice

One of the most important factors in making debt less expensive than equity is:

• A) the seniority of equity obligations to debt claims.
• B) the tax deductibility of dividends.
• C) the tax deductibility of equity.
• D) the seniority of debt obligations to equity claims.

---

Definitions:

Character Theory

A perspective in psychology or philosophy focusing on the study and understanding of individual's character traits or moral qualities and their development.

Virtues Inconsistencies

Discrepancies or conflicts within an individual's moral qualities or character.

Conflicts

Disagreements or disputes between parties that arise from differences in opinions, values, or interests.

Student of Plato

A person who was a direct disciple of the ancient Greek philosopher Plato, studying under his guidance.