Which of the Following Statements Is FALSE

question 10

Multiple Choice

Which of the following statements is FALSE?

• A)The registered bond system also facilitates tax collection because the government can easily keep track of all interest payments made.
• B)Asset-backed bonds and mortgage bonds are secured debt: Specific assets are pledged as collateral that bondholders have a direct claim to in the event of bankruptcy.
• C)Notes typically have longer maturities (more than ten years)than debentures.
• D)Although the word "bond" is commonly used to mean any kind of debt security,technically a corporate bond must be secured.

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Definitions:

Working-Class Whites

A demographic group in the United States, often defined by economic and employment status, traditionally involved in manual or industrial labor with specific socio-political interests.

Pro-Business Conservatives

Individuals or political factions that favor policies encouraging the growth and success of private businesses.

Far-Right Conservatives

A political group or individuals who advocate for extreme conservative policies, often focusing on nationalism, strict immigration policies, and traditional social norms.

Republican Party

One of the two major contemporary political parties in the United States, traditionally supporting smaller government and conservative policies.