An Unsecured Bond, Backed Only by the Well-Respected Name of the Organization

question 128

Multiple Choice

An unsecured bond, backed only by the well-respected name of the organization, is called a ________ bond.

• A) mortgage
• B) leveraged
• C) debenture
• D) convertible

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Definitions:

Integrated With

To combine or incorporate parts or elements together into a whole, ensuring seamless operation or function.

Exploiting Versus Exploring

A concept in strategic management that contrasts the intensification of existing resources or capabilities (exploiting) with the pursuit of new opportunities or knowledge (exploring).

IKEA

A multinational group of companies that designs and sells ready-to-assemble furniture, kitchen appliances, and home accessories, known for its modernist designs and eco-friendly simplicity.

Biggest Furniture Retailer

Refers to the largest company or store in terms of sales or market presence that specializes in selling furniture.