Which of the Following Statements Is FALSE

question 87

Multiple Choice

Which of the following statements is FALSE?

• A) The registered bond system 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, and 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:

Son-In-Law

A son-in-law is the husband of one's daughter, forming an integral part of the family relationship through marriage.

Family Forms

Variations in the structure and composition of families, including nuclear, single-parent, extended, and blended families, among others.

Resiliency

The ability to recover quickly from difficulties or to adapt successfully to adversity or change.

Deployed Overseas

Refers to being stationed in a country other than one's own, typically in a military context.