and emelovees about the costs are inckuded in the cost of the fived asset of a building except: A Architects' fees B. Permits from government C. Insurance Costs during Construction agencies D, Vandalism Costs E. Engineers fees 28. A bond is a form interest-bearing of an interest-bearing note and requires periodic interest payments A. True 8. False 29. When all bonds o t an issue mature at the same time, they are called serial bonds and if the mature over several dates, they are called term bonds A. True B. False 30. Which of the following is a true statement concerning the issuance of bonds: A If the stated interest rate is below market rate, then, the bond is said to have sold at a discount. 8. If the stated interest rate is equal to the market rate, then, the bond is said to have sold at face amount If the stated interest rate is above the market rate, then, the bond is said to have sold at a premium. All the above. C D. 31. A corporation has the following characteristics except A Corporation is a legal entity which is NOT distinct and separate from the individuals B. C. D. who create and operate it As a legal entity, it may acquire, own and dispose of property in its own name It can sell shares of ownership called stock All the above are characteristics of a corporation. 32. Which of the following statements are correct concerning the types of stock: A When only one class of stock is issued, it is called common stock and each share has equal rights rights, it is called preferred stock percent of par B. When a corporation issues one or more dasses of stock with various preference C. The dividend rights of preferred stock are stated either as dollars per share or a D. Preferred Stockholders are "first in line" E. All of the above to receive dividends. 33. Stock dividends are normally declared only on common stock and issued to common stockholders. A. True B. False