Answer:
They adapt and modify it to suit their changing needs to meet life's necessities. In the process, they bring knowledge and technology to bear on physical systems. Alterations to the environment have brought economic prosperity to some areas at some times and created environmental crises in others.
Explanation:
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:
A. Opportunity costs
Explanation:
I got this as a correct answer on APEX plus according to my notes, it makes sense
