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:

Industry Table

A consolidated representation of essential data for various industries, typically including information on performance, growth, and trends.

Included

Being part of or encompassed within something else.

Interindustry Competition

Competition between businesses in different industries that offer alternative or substitute products or services.

Aluminum

A silver-white, lightweight metal used extensively in products including containers, transportation, and building materials.