bonds are usually lower than intor the added security of collateral, the interest rates on lower than interest rates on unsecured bonds. A. debenture B. secured C. indenture D. preemptive E. 35. The ability of an investment to be converted to cash without a substantial loss in dollar value is called: A asset value. B, growth potential. D. fixed cost factor. E. variable cost factor 36. Which type of insurance is sometimes called temporary life insurance? Whole life insurance Term insurance C. Straight life D. Ordinary life E. Modified life 37. Jerry Lewis is thinking about purchasing some life insurance. He goes to a company that is owned by shareholders. What type of life insurance company has he visited? A. Stock B. Debt C. Mutual D. Exclusionary E. Cooperative 38. A bond that is backed only by the reputation of the issuing corporation is called a bond. A debenture B. mortgage C. indenture D. preemptive E. treasury 39. The highest bond rating issued by Standard & Poor's is: B. Aaa C. A+ E. Aa. 40. Which order is executed if and when the specified price or better is reached and all other previously received orders have been fulfilled