____________ Means That You Accept the Consequences of Your Decisions

question 29

Multiple Choice

____________ means that you accept the consequences of your decisions and actions.

• A)Accountability
• B)Due process
• C)Liability
• D)Responsibility

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Definitions:

Conversion Ratio

The conversion ratio is the number of shares an investor receives when converting a convertible security, such as a convertible bond or preferred stock, into common stock.

Bond Indenture

A legal contract detailing the terms and conditions under which a bond is issued, including the obligations of the issuer and the rights of the bondholders.

Sinking Fund

A sinking fund is a method by which a company sets aside money over time to retire its preferred stock, bonds, or debentures before or at maturity, to ensure investment security for bondholders.

Callable Feature

A provision on a bond that allows the issuer to repurchase and retire its bonds before they mature.