Which of the Following Statements Is NOT CORRECT

question 12

Multiple Choice

Which of the following statements is NOT CORRECT?

• A) foreign bonds and eurobonds are two important types of international bonds.
• B) foreign bonds are bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is sold.
• C) the term eurobond applies only to foreign bonds denominated in u.s. currency.
• D) a foreign bond might pay a higher nominal interest rate than a u.s. bond.
• E) any bond sold outside the country of the borrower is called an international bond.

---

Definitions:

Downsized

Having undergone a process where a company reduces its workforce to lower costs and improve efficiency, often resulting in layoffs.

Legal Equality

The principle that all individuals are equal before the law and have the same rights and obligations regardless of other personal traits.

Gay and Lesbian

Terms used to describe people who are romantically or sexually attracted to individuals of the same sex; often used in the broader context of the LGBTQ+ community.

Domestic-Partner Benefits

Employee benefits extended to domestic partners, similar to those offered to spouses, typically including health insurance, dental coverage, and family leave, recognizing nonmarital partnerships.