When Comparing Debentures and Unsecured Notes,it Can Be Said That

question 21

Multiple Choice

When comparing debentures and unsecured notes,it can be said that:

• A)they are identical securities.
• B)a debenture holder is an unsecured creditor whereas an unsecured note holder is a secured creditor.
• C)both are an example of unsecured debt.
• D)a debenture holder is a secured creditor whereas an unsecured note holder is an unsecured creditor.

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Definitions:

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