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:
Explanation:
Federalism is a type of government in which the power is divided between the national government and other governmental units. It contrasts with a unitary government, in which a central authority holds the power, and a confederation, in which states, for example, are clearly dominant.
Federalism in India refers to relations between the Centre and the States of the Union of India. The Constitution of India establishes the structure of the Indian government. ... This federalism is symmetrical in that the devolved powers of the constituent units are envisioned to be the same.
Answer:
B
Explanation:
That is where they first came over from and were founded
Probably because the person who is the victim of the felony (ex getting robbed, the person getting robbed) wants to make the person who committed the felony pay for whatever they took/broke/or whatever happened.
Answer:
extemporaneous memory
Explanation:
This is a type of speech delivered with a detailed outline.
Its advantages are;
1. The speech always have this sspontaneous sound because you are not reading directly and steadily but glancing and putting thought into your words
2. There is a higher degree of eye contact with the audience, this helps to make the message communicated very well.
3. Here, the speaker can adjust to audience reactions both verbally and nonverbally. It also allows or encourages audience feedback.
One major disadvantage of it is;
1. The speaker needs to really spend a great deal of time to practice and learn the outline very well, this will enable him not to forget any part of the speech.
