1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ser-zykov [4K]
3 years ago
7

Just after the construction of a bridge, financed by a revenue bond, massive flooding causes part of the bridge to collapse. The

remaining portion of the bridge is condemned and the municipality calls the revenue bonds. What type of call is this? (A) This would be an extraordinary call. (B) This would be a refunding call. (C) This would be a "sinking" fund call. (D) This would be a defeasance call.
Social Studies
1 answer:
storchak [24]3 years ago
6 0

Answer:(A) This would be an extraordinary call.

Explanation:

Extraordinary call also known as extraordinary redemptions refers to redeeming the bonds issued but not used as per scheduled use; which means the bond that was used in a way that result into a nontaxable bond interest becoming taxable or when a project that was being financed experiences a disastrous situation in which the project can't continue as it was scheduled or get demolished like the project above in which part of the bridge collapsed. Extraordinary calls occur usually in municipal bonds in which the project financed is aimed at improving the community service but failed to live up to that.

An extraordinary redemption means the people who gave the bond to the company can redeem it based on the circumstances that have distrupted the project from the initial discussed schedule .

You might be interested in
I don’t know this one please help ASAP
Ede4ka [16]
D. Nobody knows exactly but it’s around a century
5 0
2 years ago
Read 2 more answers
All of the following are examples of South Asia’s diversity except:
MaRussiya [10]

Answer:

Explanation:

Usually diversity refers to a group of people, plant life, or animals. In this case, all of the answers have to do with people, except for one. I’ll let you find the correct answer based off that information.

6 0
2 years ago
Read 2 more answers
Dr. Riley wanted to know if adolescent computer use has an immediate effect on their sustained attention. Dr. Riley assigned par
hjlf

Answer:

Random assignment is the correct answer.

Explanation:

4 0
3 years ago
1. According to the map above, which city's landscape and weather would differ the most from the
Veseljchak [2.6K]
C San Antonio because it’s the most difficult city to get out
7 0
3 years ago
Question 15 of 20 :
nekit [7.7K]

Answer:

D. Preaching in German and translating the Bible so people could read

Explanation:

Martin Luther tought that it individual faith was very important, and that people should seek a persona connection with God, instead of relying on the preachings of the local priest.

The problem was that very few German people could read at the time, let alone read Latin, the language in which the Bible was written.

This is why Luther completed the Task of translating the Bible to German, so that more people could read the Bible by themselves, and develop their individual faith.

4 0
2 years ago
Other questions:
  • Physical and emotional responses to threatening and challenging events are referred to as
    8·1 answer
  • Which warrior group came from the Asia steppes along the Silk Road?
    9·2 answers
  • Researchers wanted to see if adults were actually afraid of the dark by exposing them to different levels of light in a room whi
    12·1 answer
  • Define frictional unemployment
    6·1 answer
  • Use the drop-down menus to complete the sentences.
    14·2 answers
  • How are the different elements of plot related
    8·1 answer
  • Which of the following is a price index?
    11·1 answer
  • PLZ HELP ASAP
    13·2 answers
  • Which statement best describes what the 13th United States Colored Troops accomplished at the Battle of Nashville?​
    11·1 answer
  • Which term best refers to items such as coffee, hand lotion, laundry soap, and packaged lunchmeat?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!