Engineering Economics
A type of bond where the corporation pledges securities which it owns such as the stock or bonds of one of its subsidiaries.

Security bond
Collateral trust bond
Mortgage bond
Joint bond

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Engineering Economics
Which one of the following questions is relevant to the construction estimates?

How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost
All of these
Did the estimators precisely evaluate site conditions
Did the estimators use short cut methods which may be unrealistic in their situation

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Engineering Economics
Which is true about partnership?

It will be dissolved if one of the partners ceases to be connected with the partnership.
It can be handed down from one generation of partners to another.
It has a perpetual life.
Its capitalization must be equal for each partner.

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