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DanielleElmas [232]
3 years ago
5

In terms of public offerings of bonds, what is an indenture? A) a list of the duties of a trust company representing the bondhol

ders' interests B) a memorandum that must be produced to describe the details of a bond offering C) a formal contract that specifies a firm's obligations to the bondholders D) a schedule of the fees charged by an underwriting company
Business
1 answer:
andrezito [222]3 years ago
6 0

Answer:

C) a formal contract that specifies a firm's obligations to the bondholders.

Explanation:

In terms of public offerings of bonds, an indenture is a formal contract that specifies a firm's obligations to the bondholders. It is typically a legal and binding contract between a firm (bond issuer) and its bondholders, which provides detailed information on terms and clauses.

The indenture specifies the essential features of a bond, these includes callabilty of bonds, interest payments time, maturity date of the bond, interest calculation method etc.

Hence, in case there's a conflict between the bond issuer and the bondholders; the indenture would be the reference document to be used for conflict resolution.

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Producer surplus is the difference between the lowest price a firm is willing to accept for a product and the price it actually
Gekata [30.6K]
The answer is False I believe
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3 years ago
WHY DO THEY CALL IT GAS WHEN ITS A LIQUID?
Cerrena [4.2K]

Answer:

i don't know if the is correct or not but I'll give it a shot at answering. most vehicles are powered by gasoline (obviously) but we often refer to it as gas although it isn't even a gas. it's a liquid, but humans just like renaming things i guess. anywho gasolines state of matter is NOT a gas but we just shortend it to "gas." (hoped this helped lol)  

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3 years ago
Which is not a major advantage of a sole proprietorship?
krek1111 [17]

Answer:

The correct answer would be option D, Unlimited Personal Liability.

Explanation:

When a person sets up a new business on his own, without having any other person's involvement, or without any partnership, then he is solely responsible for all the profits he earns and all the losses he bears. He is completely responsible for all the liabilities, which is no doubt not a major advantage of being a sole proprietor. He has the full control over the business, he is the only decision maker, he also enjoys the profits solely, but besides all of these advantages, when it comes to debts or any damages, he is the one solely responsible for these debts and damages. This means he has the unlimited personal liability.

7 0
3 years ago
Rita has just received a major order from Northrop Corporation for her firm's hydraulic lift equipment. After reviewing the orde
laila [671]

Answer:

A) send an acknowledgment that the order has been received.

Explanation:

Under UCC rules, contracts for the sale of products or services worth $500 or more have to be in writing and signed. Instead of a signed contract, a company can accept a written offer (e.g. by email), but it should send a written acknowledgment that the order has been received and accepted (or rejected). This way, both parties have a duty to perform.

3 0
3 years ago
Critical analysis Q8 When actual output exceeds an economy’s full-employment output, how will the self-correcting mechanism dire
Ghella [55]

Answer: Prices will increase causing production costs, which will reduce aggregate supply. In the long run, a new equilibrium will emerge at a higher price level and an output consistent with the economy’s sustainable capacity.

Explanation:

When an Inflationary Gap ( Real GDP higher than GDP at full employment) occurs in the Economy, it signifies that there are higher funds in the economy for consumers to spend.

As consumers demand more goods, producers increase prices and make profit. This encourages their employees to seek better wages and as well for raw material costs to increase due to a rise in demand for those by the production companies.

This rise in production costs further increases the price of goods and reduces production until they arrive at an Equilibrium level in the long run that the Economy can support with the resources that it has.

7 0
3 years ago
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