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:

Grandmothers

The mothers of one's parents, often associated with family support, wisdom, and heritage.

Age

Age refers to the length of time that a person or organism has been alive or that an object has existed, usually measured in years.

Foster-care System

A network of government and private agencies that provide temporary and long-term care for children who cannot live with their biological families.

Age

The length of time that a person has lived or a thing has existed.