Which of the Following Is a Formal Pledge (An IOU)obligating

question 55

Multiple Choice

Which of the following is a formal pledge (an IOU) obligating the issuer to pay interest periodically and repay the principal at maturity (a preset future date) to the lender?

• A) commercial bank loan
• B) corporate bond
• C) mutual fund
• D) bond indenture
• E) prospectus

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Definitions:

Social Networking Sites (SNS)

Websites or platforms that enable users to create and share content or to participate in social networking.

Social Storefronts

Online platforms or sections of websites where businesses can directly sell products or services through social media channels.

Gaming Consoles

Gaming consoles are specialized electronic devices designed specifically for playing video games, offering a varied gaming experience through proprietary software and hardware.

Forums

Online platforms or websites where individuals can post discussions and exchanges on various subjects.