Corporations Issuing ________ Bonds Pledge a Tangible Asset as Collateral

question 61

Multiple Choice

Corporations issuing ________ bonds pledge a tangible asset as collateral to reduce the risk incurred by a bondholder.

• A) secured
• B) endorsement
• C) escrow
• D) replacement

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Definitions:

Renewable Energy

Energy sourced from natural processes that are replenished constantly, such as solar, wind, and hydroelectric power.

NAICS Code

A numerical classification system that categorizes businesses into industries based on their activities for the purpose of collecting, analyzing, and publishing statistical data.

Geographic Segmentation

The division of a market into different geographical units such as regions, cities, or countries to tailor marketing efforts.

Geographic Market Segments

The division of a market into smaller homogeneous groups based on their geographical boundaries or locations.