Which of the Below Statements Is TRUE

question 6

Multiple Choice

Which of the below statements is TRUE?

• A) A collateral trust bond grants the bondholders a mortgage against the pledged assets.
• B) A lien is a legal right to buy mortgaged property to satisfy unpaid obligations to stockholders.
• C) Airway rolling stock has for a long time been regarded by investors as excellent security for debt.
• D) A debenture bond is not secured by a specific pledge of property, but that does not mean that this type of bond has no claim on property of issuers or on their earnings.

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Definitions:

Land Rents

Payments made for the use of land, reflecting the value attributed to location and fertility in agricultural or real estate markets.

Changes

Alterations, modifications, or transformations in conditions, situations, or objects over time.

Henry George

A 19th-century economist known for advocating the single tax on land values.

Pierre Joseph Proudhon

A French philosopher and socialist known for declaring "Property is theft!" and advocating for the abolition of private property.