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Which of the Following Will Have the Greatest Need of Strong

question 12

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Which of the following will have the greatest need of strong bond covenants if it is to receive a high bond rating?


Definitions:

Satisfaction

A measure of how products or services meet or surpass customer expectations.

Consumption

The use of goods and services by households or individuals, typically as it contributes to economic measures like GDP.

Service

An intangible act or use for which a consumer, firm, or government is willing to pay.

Good

An item or service that satisfies a want or need and is available for sale or exchange in the market.

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