This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is a trustee and why type of financing is a trustee associated ... (Read 160 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jul 14, 2018
What is a trustee and why type of financing is a trustee associated with?

Question 2

The assumptions underlying Theory X generally agree with Frederick W. Taylor's concepts of scientific management.
 
 Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Moriaki

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 14, 2018
Answer to Question 1

A trustee is an individual or an independent firm that acts as the bond owner's representative. A corporation that issues bonds must also appoint a trustee. A trustee's duties are most often handled by a commercial bank or other large financial institution. The corporation must report to the trustee periodically regarding its ability to make interest payments and eventually redeem the bonds. In turn, the trustee transmits this information to the bond owners, along with its own evaluation of the corporation's ability to pay.

Answer to Question 2

True


P68T

  • Hero Member
  • *****
  • Posts: 509
Reply #2 on: Jul 14, 2018
Correct answers!


Moriaki

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jul 14, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s
Switching of mating type in haploid yeast cells Switching of mating type in haploid yeast cells
Comparison of Type 1 and Type 2 Diabetes Comparison of Type 1 and Type 2 Diabetes
The types of topological interconversions catalyzed by type II topoisomerases The types of topological interconversions catalyzed by type II topoisomerases
The Type of Blood Vessel Injury Often Affects the Nature of the Hemorrhage The Type of Blood Vessel Injury Often Affects the Nature of the Hemorrhage
Chloroplast segregation determined by mating type in Chlamydomonas Chloroplast segregation determined by mating type in Chlamydomonas
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library