Which of Following Are Backed Only by the Reputation and Financial

question 124

Multiple Choice

Which of following are backed only by the reputation and financial stability of the corporation?

• A)Debentures
• B)Unsecured bonds
• C)Both a and b
• D)None of these

---

Definitions:

Advantage

The benefit or edge that a person, organization, or situation has over another.

Future Outlook

An estimate or forecast of a future situation or trend based on current data or trends.

Nominal Rate

The rate of interest before adjustments for inflation, representing the face value of financial products.

Large-company Stocks

Shares that represent ownership in corporations with large market capitalizations.