A bond without any security behind them except a promise to pay by the issuing corporation is called __________________?

Related Mcqs:

What is defined as the interest on a load or principal that is based only on the original amount of the loan or principal ?

A. Effective rate of interest B. Nominal rate of interest C. Compound interest D. Simple interest...

What is defines as the analysis and evaluation of the monetary consequences by using the theories and principles of economics to engineering applications, designs and projects ?

A. Economic Analysis B. Engineering cost analysis C. Engineering economy D. Design cost analysis...

A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment ?

A. P 2,500.57 B. P 2,544.45 C. P 2,540.56 D. P 2,504.57...

In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes ?

A. Straight line method B. Sinking fund method C. Sum-of-year digit method D. Declining balance method...

What is the simplest form of business organization ?

A. Sole proprietorship B. Partnership C. Enterprise D. Corporation...