Because of the Added Security of Collateral,the Interest Rates on _____Bonds

question 34

Multiple Choice

Because of the added security of collateral,the interest rates on _____bonds are usually lower than interest rates on unsecured bonds.

• A)debenture
• B)mortgage
• C)indenture
• D)preemptive
• E)subordinated debenture

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Definitions:

Taxes

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Limited Liability Company

An organizational form blending a corporation's limited liability feature with the pass-through tax benefits of a partnership or sole proprietorship.

Manager Liability

The responsibility and potential legal accountability of managers for actions taken within the scope of their managerial roles.

Limited Liability Company

A corporate structure that integrates the limited liability characteristic of a corporation with the tax-pass-through trait of sole proprietorships or partnerships.