A representation in an insurance contract qualifies as:

Unfair trade practice acts were enforced to:

a. ensure the adoption of the Sherman Act that makes bait pricing illegal. b. prevent oligopoly leaders from joining together and fixing prices at the highest rates that a market will allow. c. establish penalties for companies that break the Clayton Act by engaging in predatory pricing. d. protect small local firms from giant companies that operate efficiently on razor-thin profit margins.

Which of the following are true of coupon bonds?

A) The owner of a coupon bond receives a fixed interest payment every year until the maturity date, when the face or par value is repaid. B) U.S. Treasury bonds and notes are examples of coupon bonds. C) Corporate bonds are examples of coupon bonds. D) All of the above. E) Only A and B of the above.