What Kind of Unsecured Corporate Debt Has a Maturity of Less

question 70

Multiple Choice

What kind of unsecured corporate debt has a maturity of less than ten years?

• A) mortgage bonds
• B) asset-backed bonds
• C) debentures
• D) notes

---

Definitions:

Law of Small Numbers

The erroneous belief that small samples will accurately represent the larger population from which they are drawn.

Law of Small Numbers

A cognitive bias that leads people to draw broad conclusions from small samples of data.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.

Gambler's Fallacy

The erroneous belief that if a particular event occurs more frequently than normal during the past, it is less likely to happen in the future, or vice versa, in situations that are truly random.