A Bond That Has No Collateral Is Called _________

question 36

Multiple Choice

A bond that has no collateral is called _________.

• A) a callable bond
• B) a debenture
• C) a junk bond
• D) a mortgage

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Definitions:

Civil Rights Act

A significant legal measure in the United States that prohibits discrimination on the basis of race, color, religion, sex, or national origin.

Regents of the University of California V. Bakke

A landmark 1978 Supreme Court case that ruled against the use of strict racial quotas in college admissions but upheld the use of race as one factor among many in admissions decisions.

University Admissions

The process through which students enter tertiary education at universities and colleges.

Diverse Student Body

A student population characterized by a wide range of backgrounds, cultures, races, and identities, enhancing the educational environment.