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The Term Face Value Refers to the Principal Amount Printed

question 16

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The term face value refers to the principal amount printed on the face of the bond certificate.


Definitions:

Disgust

A strong feeling of aversion or revulsion often provoked by something perceived as unpleasant or offensive.

Normative Ethics

A branch of ethics concerned with establishing how things should or ought to be, focusing on the establishment of moral standards that guide actions.

Ethical Relativism

The perspective that moral standards vary across cultures and individuals, and that there are no universal ethical truths.

Socially Defined Behaviour

Actions or behaviors that are shaped, influenced, or regulated by the societal norms and values of a community.

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