In Their Simplest Form, Bonds Are Pure ________

question 47

Multiple Choice

In their simplest form, bonds are pure ________.

• A) debt
• B) equity
• C) hybrid security
• D) current assets

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Definitions:

Profit Responsibility

The obligation of an organization or individual to achieve financial gain while considering ethical and social impacts.

Owners

Individuals or entities that legally possess an item, property, or business, holding the rights to control, use, and dispose of it.

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership stakes and sometimes the right to vote on corporate matters.

Social Responsibility

The idea that businesses should contribute to the welfare of society and not be solely focused on maximizing profits.