When Bonds Are Converted to Stock,no Gain or Loss Is

question 136

True/False

When bonds are converted to stock,no gain or loss is recognized.

---

Definitions:

Empty Nest Syndrome

Feelings of sadness or emotional distress affecting parents after children grow up and leave home.

Bone Density

A measure of the amount of minerals (mainly calcium and phosphorus) contained in a certain volume of bone, indicative of strength and health.

Stamina

The physical or mental capacity to sustain prolonged effort or activity without experiencing significant fatigue or loss of performance.

Athletic

Having physical strength, agility, and stamina; often refers to those skilled in sports or physical activities.