The Statement Concerning Debentures That Is Incorrect Is

question 3

Multiple Choice

The statement concerning debentures that is incorrect is:

• A)A trustee,such as a bank or an insurance company,must be appointed to protect the rights of the debenture holders
• B)An issue of debentures to the public must be accompanied by a prospectus
• C)The division of debenture borrowings into $100 or $50 units allows many small investors to participate in the issue
• D)The market value of debentures is always the same as their face value

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Definitions:

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without any prior learning.

Unconditioned Response

The natural, reflexive response elicited by an unconditioned stimulus without prior learning or conditioning.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, evokes a conditioned response.

Conditioned Stimulus

A previously neutral stimulus that, after association with an unconditioned stimulus, elicits a conditioned response.