A Bond That Is Backed Only by the Reputation of the Issuing

question 25

Multiple Choice

A bond that is backed only by the reputation of the issuing corporation is called a(n) ________ bond.

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

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Definitions:

Further Action

Implies steps or measures that need to be taken following an initial action, review, or assessment.

Subject Lines

The title or heading of an email or memo that summarizes its content or purpose.

Positive Wording

The use of language that conveys optimism, affirmation, or a positive perspective, often used to encourage constructive outcomes or perceptions.

Purpose Statement

A declaration that outlines the objectives or goals of a document, presentation, or project.