On Which of These Bonds Is the Prospect of Default

question 173

Multiple Choice

On which of these bonds is the prospect of default least likely?

• A)a junk bond
• B)a bond issued by the state of Arizona
• C)a bond issued by the federal government
• D)a bond issued by General Electric Corporation

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Definitions:

Substance-Related Disorders

Disorders that involve the excessive use and dependence on psychoactive substances, leading to significant impairment or distress.

Significantly More

A phrase often used to indicate a substantially greater amount, degree, or extent in comparison to something else.

Alcohol-Related Physical Illnesses

Health problems directly associated with the excessive consumption of alcohol.

Societal Acceptance

The general approval, tolerance, or endorsement by society of behaviors, practices, or norms, influencing individual and group attitudes and actions.