A Bond Is A(n)

question 127

Multiple Choice

A bond is a(n)

• A) liability for the issuer.
• B) asset for the purchaser.
• C) promise by the issuer to pay.
• D) Each of these answers is correct.

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Definitions:

Adjustment

A change or modification made to correct, improve, or adapt something.

Basic Objective

Basic objective denotes a fundamental goal or purpose that an individual, group, or organization seeks to achieve.

Negative Thoughts

Refers to pessimistic or gloomy thoughts that can affect one's mood, behavior, and overall perception of life.

Direct Approach

A communication method that involves stating the main point or objective clearly and upfront, without circumlocution.