The Following Security Is Generally Considered to Have No Default

question 1

Multiple Choice

The following security is generally considered to have no default risk:

• A) EBM corporation
• B) Orange County,California
• C) U.S. Treasury securities
• D) State of New York general revenue bonds

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Definitions:

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, pressures, or expectations.

Social Pressure

The influence exerted by a society or a social group on individuals to conform to expected norms, behaviors, or attitudes.

Negative Reinforcement

Negative Reinforcement is a psychological principle where the removal or avoidance of an undesirable outcome strengthens a behavior.

Conformity

The process of aligning one's attitudes, beliefs, and actions with the norms, policies, or expectations of a group or society.