Topic 1: This week we cover bond financing. Often times when large amount of funds are needed for a project or expansion, companies and governments seek financing to help pursue these projects. Define what a bond is and discuss the advantages and disadvantages of bond choose to issue a bond instead of stock, a form of equity financing. Be sure to cite any sources used, including the textbook. Topic 2: Running a business presents challenges such as managing finances from a broad scale, including ensuring the bills are paid, credit is not misused, and keeping the doors open. In downturns of the economy, there are challenges that business owners face which may cause them to be unable to maintain their commitments or meet their financial obligations. If you were an employer who came upon difficult times, how would you handle such a situation? Do you think there are ways to combat such challenges without having to lay off or shut down entirely? Discuss the ethical concerns this might present