Engineering Economics
What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc.?

Equipment bond
Equipment trust bond
Railroad bond
Equipment obligation bond

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Engineering Economics
A construction estimate is used

None of these
To produce a statement of the approximate cost
To judge tentatively or approximate value of the project
To decide an approximation of the value of the project and not the exact cost

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Engineering Economics
Which is true about partnership?

Its capitalization must be equal for each partner.
It has a perpetual life.
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.

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