Which One of the Following Bonds Is Considered Unsecured

question 108

Multiple Choice

Which one of the following bonds is considered unsecured?

• A)$50,000, 8%, debenture bonds
• B)$100,000, 12%, restricted bonds
• C)$20,000, 10%, five-year callable bonds
• D)$40,000, 6%, collateralized bonds

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Definitions:

Organ System

An organized group of tissues and organs that work together to perform a specialized set of functions (e.g., the digestive system or circulatory system).

Mobile

Capable of moving or being moved freely or easily.

Freshwater

Water that contains minimal amounts of dissolved salts, found in rivers, lakes, and streams, supporting a diverse range of plants and animals.

Hypotonic

Describes a solution with a lower concentration of solutes compared to another, resulting in water influx into cells.