The Terms or Covenants of a Bond Contract Are Set

question 110

Multiple Choice

The terms or covenants of a bond contract are set out in which of the following documents?

• A) debenture
• B) trust indenture
• C) mortgage
• D) negative pledge clause

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Definitions:

Achievement Test

A standardized test designed to measure an individual's level of knowledge, skill, or accomplishment in a particular area.

Differential Aptitude Test (DAT)

A standardized test designed to assess an individual's potential to succeed in various academic and vocational areas.

Mathematics

A broad area of study concerning numbers, quantities, shapes, and patterns along with the logical operations and relationships between them.

Achievement Test

An examination designed to measure a person's knowledge, skills, or accomplishment in a particular area or subject.