A Legal Document That Indicates the Name of the Issuer

question 161

Multiple Choice

A legal document that indicates the name of the issuer, the face value of the bond and such other data is called

• A) trading on the equity.
• B) convertible bond.
• C) a bond debenture.
• D) a bond certificate.

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Definitions:

Restrictive Covenant

A promise to use or not to use one’s land in particular ways.

Homeowners' Association

An organization in a subdivision, planned community, or condominium building that makes and enforces rules for the properties and its residents.

Rentals

Payments made periodically for the use of someone else's property or equipment.

Unreasonable Zoning

Zoning regulations or decisions that are arbitrary, capricious, or unreasonable in restricting the use of land, potentially leading to legal challenges.