Which of the Following Is True of Equity and Debt

question 9

Multiple Choice

Which of the following is true of equity and debt?

• A)Equity has a secondary market,whereas debt does not have a secondary marker.
• B)Equity holders cannot elect the board of directors of a corporation,whereas debt holders can elect the board of directors.
• C)Equity holders' claims must be paid in full before the claims of debt holders can be paid.
• D)Equity holders receive cash in the form of dividends,whereas debt holders receive interest payments.

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Definitions:

Clinical Psychologist

A professional who diagnoses and treats mental, emotional, and behavioral disorders through psychological techniques and therapies.

Sadness

A human emotion characterized by feelings of disappointment, grief, or hopelessness.

Lying and Cheating

Behaviors that involve deliberately deceiving others or breaking rules to gain an unfair advantage.

Social Events

Gatherings or activities designed for the purpose of socializing, which can range from small interactions to large public events.