Kruller AG

question 13

Multiple Choice

Kruller A.G.issues a bond that is offered for sale simultaneously in Europe,the United States,and Japan.Which of the following best describes this bond?

• A)a domestic bond
• B)a foreign bond
• C)a Eurobond
• D)a global bond
• E)a corporate bond

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Definitions:

Customer's Negligence

Refers to situations where a customer fails to exercise reasonable care, leading to loss or damage.

Drawn Originally

Refers to the primary or initial creation or drafting of a document or artifact.

Expedited Funds Availability Act

A United States federal law designed to regulate the amount of time a bank can hold deposited funds before making them available to the depositor.

Federal Reserve

The central bank of the United States, responsible for monetary policy, regulation of financial institutions, and maintenance of financial stability.