Which of the Following Is Most Likely to Be Considered

question 18

Multiple Choice

Which of the following is most likely to be considered a partnership?

• A) GoodHomes, a charitable organization formed by Ron and Ben, who share ownership.
• B) Wyler Corporation, a tinned food manufacturing organization, owned by 40 individuals but managed by Emily and Emma Wyler.
• C) Beautiful You, a small cosmetics retail shop, owned and managed by Delores Young.
• D) Scissors, a salon for women, co-owned and managed jointly by Wanda and Ginny, who share profits equally.
• E) Bright Red, a non-profit organization concerned with helping the elderly.

---

Definitions:

Default Risk

The risk that a borrower will not make the required payments on their debt obligations.

U.S. Treasury Bonds

Long-term government debt securities issued by the United States Department of the Treasury with maturity periods over 20 years, offering a fixed interest rate.

Coupon Rate

The coupon rate is the annual interest payment made to bondholders, expressed as a percentage of the bond's face value.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer; it is often a minimal amount like $0.01 or $1.00.