Which of These Is Backed Only by the Reputation of the Issuer

question 161

Multiple Choice

Which of these is backed only by the reputation of the issuer?

• A) venture capital
• B) secured bonds
• C) debenture bonds
• D) long-term financing

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Definitions:

Breach

The violation or non-fulfillment of a legal agreement or obligation.

Warranty

A promise, typically made by a seller to a buyer, regarding the condition or quality of a product.

Mutual Funds

Investment programs funded by shareholders that trade in diversified holdings and are professionally managed.

Fabric Store

A retail establishment that sells cloth and materials for sewing, clothing creation, and other textile crafts.