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 143 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?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Przewalski's Horse, the only remaining type of "wild" horse that has never been domes Przewalski's Horse, the only remaining type of "wild" horse that has never been domes
False-color imagery of the Sun, a G-type main-sequence star, the closest to Earth. False-color imagery of the Sun, a G-type main-sequence star, the closest to Earth.
Type II Tissue Specific Reactions Type II Tissue Specific Reactions
Gerotor-type oil pump driven by the crankshaft. Gerotor-type oil pump driven by the crankshaft.
High stress, by household type (age-standardized), age 18+, Canada, 1994-1995 High stress, by household type (age-standardized), age 18+, Canada, 1994-1995
Video: Sperm Formation

For a complete list of videos, visit our video library