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 155 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?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Effect of stimulus type on graded potentials. Effect of stimulus type on graded potentials.
A radiator may be either a down-flow or a cross-flow type. A radiator may be either a down-flow or a cross-flow type.
Induration measurement in a tuberculin skin test, a type IV hypersensitivity. Induration measurement in a tuberculin skin test, a type IV hypersensitivity.
Action of type I and type II topoisomerases, as shown by gel electrophoresis Action of type I and type II topoisomerases, as shown by gel electrophoresis
Andean-Type Mountain Building Andean-Type Mountain Building
Bar-eye phenotypes in contrast to the wild-type eye in Drosophila Bar-eye phenotypes in contrast to the wild-type eye in Drosophila
Video: Genetic terms Animation

For a complete list of videos, visit our video library