Under Which of the Following Categories Would Bonds Held as Investment

question 87

Multiple Choice

Under which of the following categories would bonds held as investment for more than a year appear?

• A)Current assets
• B)Long-term liabilities
• C)Long-term assets
• D)Current liabilities

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Definitions:

Lack of Consideration

A situation in contract law where there is an absence of a promise, act, or value exchange, rendering the contract unenforceable.

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