If a $1,000

question 14

Multiple Choice

If a $1,000.00 bond sells for par value, then the bond sells for ____.

• A) $1,000.00
• B) more than $1,000.00
• C) less than $1,000.00
• D) a price that cannot be determined without knowledge of the coupon rate

Differentiate between stakeholders and shareholders and their roles in corporate governance.

Acknowledge organizational barriers to ethical behavior and whistleblowing.

Understand the difference between direct and indirect real estate investments.

Identify the various types of real estate investment trusts (REITs) and their characteristics.

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Definitions:

Minor Worker

An individual under the legal age of adulthood who is employed; typically subject to specific regulations regarding work types, hours, and conditions.

Enforceable

Pertaining to a contract or legal obligation, this term indicates that the agreement is legally valid and can be upheld in a court of law.

Genuinely Agreed

Describes a situation where parties involved in an agreement or contract have a mutual understanding and acceptance of the terms without duress or deception.

Unilateral Mistake

A mistake that occurs when one party to a contract is mistaken as to a material fact.