Which of the Following Statements Is FALSE

question 5

Multiple Choice

Which of the following statements is FALSE?

• A)Almost all bonds that are issued today are registered bonds.
• B)The trust company represents the bondholders and makes sure that the terms of the indenture are enforced.
• C)For private placements,the prospectus must include an indenture,a formal contract between the bond issuer and a trust company.
• D)In the case of default,the trust company represents the bondholders' interests.

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Definitions:

Pacifism

Belief or doctrine that opposes war or violence as a means of settling disputes and advocates for peaceful resolutions.

James II

King of England, Scotland (as James VII), and Ireland from 1685 until he was deposed in the Glorious Revolution of 1688, known for his attempts to restore Roman Catholicism in England.

Anglican Church

A Christian denomination originating in England, known for its middle path between Roman Catholicism and Protestant reforms.

Edict of Nantes

A 1598 decree issued by Henry IV of France granting religious tolerance to French Protestants (Huguenots) and ending the Wars of Religion.