Catastrophe call covenants are the protective covenants found in the trust indenture that would be activated.
<h3>Explain
the Catastrophe call.</h3>
- If a facility is condemned, it can no longer generate revenues.
- Though the question is not clear as to why it was condemned, the best choice is that a catastrophe call provision would be activated.
- This requires the issuer to call in the bonds, repaying the bondholders if a disaster occurs.
- Of the other choices, sinking fund covenants and defeasance covenants have no bearing. A maintenance covenant requires the issuer to maintain the facility in good repair.
- This covenant is not "activated" by condemnation, as is a catastrophe called a covenant.
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Answer:
They couldn't graze their cattle on Native American reservations.
Explanation:
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The tendency for people to see their environment only as it affects them and as it is consistent with their expectations is known as selective perception.
<h3>What is selective perception?</h3>
This is the ability of people to categorize and analyze the stimuli that they are experiencing in the environment that they exist in.
It has to do with how the stimuli affects them and the fact that it is consistent with what they expect.
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Answer:
the correct answer is option B