What are the conditions imposed on a debt issue that are designed to protect bondholders called?
A) common restrictions
B) collateral agreements
C) default provisions
D) protective covenants
Answer: D) protective covenants
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Which of the following about a condominium is INCORRECT?
A) A declaration must be filed before any units may be sold. B) Each unit owner has a fractional undivided interest in the common elements. C) Each owner receives a separate real estate tax statement. D) Each owner has a proprietary lease with the association for his or her own unit.
What is the name of the database that is used to collect, validate, store, and disseminate data in support of government agency acquisitions?
A) General Services Administration database B) Central Contractor Registration database C) Customer Value Assessment database D) Vendor-Managed Inventory database E) Proposal Solicitation database