________ Are Subject to Redemption Before Maturity at the Option

question 134

Multiple Choice

________ are subject to redemption before maturity at the option of the issuer.

• A)Debentures
• B)Mortgage bonds
• C)Callable bonds
• D)Sinking fund bonds
• E)Convertible bonds

---

Definitions:

International Financial Reporting Standards

A set of global accounting standards developed by the International Accounting Standards Board (IASB) that outlines how financial transactions and other events should be reported in financial statements.

Private Corporations

Businesses owned by non-governmental organizations or a relatively small number of shareholders or company members which do not offer or trade their company stock to the general public on the stock market.

Single Owner

Refers to a business structure where a single individual owns, manages, and is responsible for all aspects of the business, often known as sole proprietorship.

Legal Entity

An individual, company, or organization that has legal rights and obligations.