If the Apple Corporation Sells a Bond It Is

question 5

Multiple Choice

If the Apple corporation sells a bond it is

• A)borrowing directly from the public.
• B)borrowing indirectly from the public.
• C)selling shares of ownership directly to the public.
• D)selling shares of ownership indirectly to the public.

---

Definitions:

Expected Total Utility

The anticipated satisfaction or benefit a consumer will derive from the consumption of goods or services.

Probability

A measure of the likelihood that a particular event will occur, expressed as a number between 0 and 1.

Expected Total Utility

The total satisfaction or benefit that a consumer expects to receive from consuming a particular quantity of goods and services.

Probability

The measure of the likelihood that an event will occur, quantified as a number between 0 and 1.