Bonds That Are Backed Only by the Reputation of the Issuing

question 120

Multiple Choice

Bonds that are backed only by the reputation of the issuing corporation are known as

• A) mortgage bonds.
• B) registered bonds.
• C) debenture bonds.
• D) bond indentures.
• E) serial bonds.

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Definitions:

Recognizable Company Name

A business name easily identified or recalled by the public due to its distinctiveness or familiarity.

Training

The process of enhancing the skills, capabilities, and knowledge of employees for improving the performance of a job.

Franchisor

A business that allows individuals or other companies to operate and sell its products or services under its brand and business model.