Bonds Are Rated When Issued and This Rating Is Kept

question 86

True/False

Bonds are rated when issued and this rating is kept under review (and may be modified)up until when the bonds are redeemed.

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Definitions:

Triangle Waist Company

A clothing manufacturer in New York City whose factory burned down in 1911, leading to significant reforms in labor laws.

Consequences

Outcomes or effects that result from a previous action or decision, either positive or negative in nature.

Upton Sinclair

An American writer and social activist, famous for his novel "The Jungle" which exposed the harsh conditions of the U.S. meatpacking industry, leading to significant food safety reforms.

The Jungle

A 1906 novel by Upton Sinclair exposing the harsh conditions and exploited lives of immigrants in the United States in Chicago and similar industrialized cities.