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

---

Definitions:

Performance-Related

Pertains to aspects of work or activities that are directly connected to the efficiency, output, or success of an individual or organization.

National Occupational Classification

A standardized system that categorizes and describes occupations according to skill levels and skill types in the Canadian labor market.

Human Resources

The department within an organization responsible for managing recruitment, training, employee relations, and benefits.

NOC

Can refer to the National Occupational Classification, a system categorizing and describing occupations.