An increase in sales price per unit increases the number of units required to break even

Under international law, what is the difference between a treaty and a convention?

A) A treaty is an agreement, and a convention is typically the meeting at which the treaty was drafted. B) Conventions usually have only a few signatory nations, whereas treaties usually have many. C) The two terms have the same meaning, thus there is no difference between them. D) A treaty is an agreement negotiated directly be the signatory nations, whereas a convention is first drafted by a sponsoring international organization, after which, nations can decided whether to be bound by it.

The following statement was made in a special report, "Commercial Mortgage Special Report" (September 19, 2005, p. 2), by FitchRatings: "Defeasance of a loan in a CMBS transaction is a positive credit event." Explain why

What will be an ideal response?