Question 1
Which of the following is considered the dominant law when a firm with liabilities exceeding $5 million is declaring bankruptcy?
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Companies’ Creditors Arrangements Act
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Bankruptcy and Insolvency Act
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Federal Bankruptcy Code
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International Financial Reporting Standards
Question 2
Which of the following is NOT an action or consequence of the activities of bond rating agencies?
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In assessing the rating, the agency examines both qualitative and quantitative factors.
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When a material change is identified in any of the factors used to measure a bond’s default risk the agency will not adjust immediately to changes in credit quality, and in some cases there can be a considerable lag between a change in credit quality and a change in rating.
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With respect to qualitative factors, the agency will pay particular attention to important provisions, including whether the bond is secured by a mortgage on specific assets, whether the bond is subordinated to other debt, or any sinking fund provisions.
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Rating agencies review outstanding bonds on a periodic basis and re-rate if necessary.
Hydration is essential to body function, especially engaged in strenuous activities
Reactions 1 through 4 are necessary for the formation of each peptide bond.
Peptide bond formation
Mechanism of action of antimicrobial drugs.
Mechanisms of action of drugs used to treat angina.
Cookies activities for senior kindergarten