Which of the Following Statements Is False

question 66

Multiple Choice

Which of the following statements is false?

• A) The bullet (balloon) payment refers to the principal payment made in one lump sum at maturity.
• B) Collateral trust bonds are debt instruments that are secured by real assets.
• C) Protective covenants can be positive or negative.
• D) Debentures are debt instruments that are generally unsecured.

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Definitions:

Good Health

A state of complete physical, mental, and social well-being and not merely the absence of disease or infirmity.

Socially Inept

Describes individuals who struggle with social skills and often find it difficult to interact effectively with others.

Pessimism

Pessimism is the tendency to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.

Type A Personality

A temperament characterized by high competitiveness, self-imposed stress, impatience, and a sense of urgency, often linked with a higher risk of heart disease.