A long-term debt security that is secured by some form of collateral is referred to as a ________

Al's Electric Service is an electric contracting company in Metro City. The owner of the company, Al Richards, posted a bond guaranteeing that all work performed by his company will comply with local building codes

This bond is an example of a A) fiduciary bond. B) license and permit bond. C) contract bond. D) judicial bond.

By calling the additional dividend an extra dividend, a firm avoids setting expectations that the dividend increase will be permanent

Indicate whether the statement is true or false