Promissory Notes That Require the Issuer to Make a Series

question 124

Multiple Choice

Promissory notes that require the issuer to make a series of payments consisting of both interest and principal are:

• A) Debentures.
• B) Discounted notes.
• C) Installment notes.
• D) Indentures.
• E) Investment notes.

---

Definitions:

Fiduciaries

Individuals or entities that hold a legal or ethical relationship of trust with one or more parties, often in financial matters.

Shareholder Approval

A process in which shareholders vote on key corporate actions or decisions, often required for mergers, acquisitions, and other significant matters.

Liability of Directors

Legal responsibility held by company directors for actions or decisions made in the course of carrying out their duties.

Capital Structure

The mix of various forms of external funds and equity that a firm uses to finance its operations and growth.