Which of the Following Statements Is FALSE

question 10

Multiple Choice

Which of the following statements is FALSE?

• A)The registered bond system also facilitates tax collection because the government can easily keep track of all interest payments made.
• B)Asset-backed bonds and mortgage bonds are secured debt: Specific assets are pledged as collateral that bondholders have a direct claim to in the event of bankruptcy.
• C)Notes typically have longer maturities (more than ten years)than debentures.
• D)Although the word "bond" is commonly used to mean any kind of debt security,technically a corporate bond must be secured.

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Definitions:

Relationships Window

A graphical or textual interface displaying the connections or associations between objects, tables, or entities within a database or software program.

Dialog Box

A small window that prompts the user to provide information or make a decision.

Primary Key

A unique identifier for each record in a database, used to ensure that each entry is distinct and can be referenced.

Format Symbol

A symbol representing a specific format or setting in software, often used in coding or document formatting to signify how elements should be displayed.