An Electric Shaver That You Bought Exploded and Injured Your

question 16

Multiple Choice

An electric shaver that you bought exploded and injured your hand. You are now suing the manufacturer. The first document which your lawyer will send to the manufacturer is

• A) a writ of summons.
• B) the pleadings.
• C) a notice of trial.
• D) a statement of claim.
• E) a demand for particulars.

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Definitions:

Face Value

The nominal or dollar value printed on a bond or stock certificate; it is the amount paid to the holder at maturity.

Coupon Bond

A bond that offers interest payments through coupons to the bondholder, typically on a semiannual basis.

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturity date.

Market Price

The open market's rate for an asset or service at the current moment.