The city of Houston passed a bond issue to build a bridge over the bay. The bond was to have the interest paid by the income generated by charging drivers a toll to cross the bridge. This is an example of a ________ bond

A) collateralized
B) cash
C) revenue
D) general obligation
E) none of the above

Answer: C

Business

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The economic or productive potential of strong, trusting, and cooperative relationships is referred to as _______ capital.

Fill in the blank(s) with the appropriate word(s).

Business

Buyer makes a written bonafide offer to purchase, and seller signs the acceptance. A contract is first created:

a. when buyer receives proper communication of seller's acceptance b. immediately upon seller's acceptance c. when the buyer and seller sign escrow instructions d. when the broker presents the offer to the seller

Business