Long-Term Bonds That Are Unsecured Obligations of a Company Are

question 85

Multiple Choice

Long-term bonds that are unsecured obligations of a company are called:

• A)Indentures.
• B)Debentures.
• C)Mortgage bonds.
• D)Bearer bonds.

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Definitions:

Developing Nations

Countries with a lower level of industrialization, a lower standard of living, and lower Human Development Index scores compared to developed countries.

Governments

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