Bonds that are secured by personal property are called:

A) chattel mortgage bonds.
B) first mortgage bonds.
C) second mortgage bonds.
D) debentures.

Ans: A) chattel mortgage bonds.

Business

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What will facilitate a rise in the quality and availability of e-learning programs in the coming years?

(a) Higher demand for e-learning sources will cause additional money to be invested in the industry. (b) Improvements in the quality of audio and video on the Web. (c) An increase in "wired" college and university campuses across the country. (d) None of the above. E-learning programs have already peaked.

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________ does not affect the wealth of target firm equity holders

A) Blue Man defense B) Pac Man defense C) Golden parachute D) Silver parachute

Business