Which of the Following Is Not Correct

question 165

Multiple Choice

Which of the following is not correct?

• A)If you buy a bond from a corporation,you can sell the bond to someone else before it matures.
• B)Term refers to the scheduling of periodic interest rate payments on a bond.
• C)A bond is an IOU.
• D)There are millions of different bonds in the U.S.economy.

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Definitions:

Fragments

Small or broken pieces of something larger, often resulting from the physical breaking or destruction of an object or substance.

Tilted Layers

Geological strata that have been shifted from their original horizontal position, often as a result of tectonic forces, creating an angle with the horizontal.

Superposition

A principle stating that in an undisturbed sequence of rocks, layers of rock were deposited in order from bottom to top according to their age.

Cross-Cutting

Relates to geological features that intersect or cut across other geological formations, indicating a relative age relationship.