Which of the Following Best Describes a Debenture

question 16

Multiple Choice

Which of the following best describes a debenture?

• A)It is a note secured by mortgage on real estate.
• B)It is a secured bond issued by the state government.
• C)It is an unsecured bond or note issued by a business firm.
• D)It is a note secured by personal property.

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Definitions:

Design Defects

Flaws in a product's design that render it unsafe or ineffective, leading to potential harm or failure in usage.

Manufacturing Defects

Flaws or imperfections in a product resulting from the manufacturing process, which can affect usability, appearance, or safety.

Marketing Defects

Flaws in how a product is marketed, such as misleading information or incorrect target market identification, that can affect sales and reputation.

Digital Signatures

Electronic signatures that use cryptographic techniques to authenticate the identity of the signer and ensure the integrity of the signed document.