A Type of Bond That Is Unsecured and Gives Bondholders

question 104

Multiple Choice

A type of bond that is unsecured and gives bondholders a claim secondary to that of other designated bondholders with respect to both income and assets is called a:

• A)debenture bond.
• B)mortgage bond.
• C)subordinated debenture.
• D)preemptive bonD.
• E)treasury bond.

---

Definitions:

Defense Mechanism

Psychological strategies brought into play by individuals, unconsciously, to protect themselves from anxiety or to provide a refuge from a situation with which they cannot currently cope.

Moral Basis

The foundational principles or beliefs that guide judgments about what is right or wrong, ethical or unethical.

Repression

A psychological defense mechanism where distressing thoughts, memories, or urges are unconsciously pushed out of the conscious mind.

Personality Mediates

The concept that an individual's personality can influence how they respond or react to different situations or stimuli.