What Is Another Term Used to Describe Unsecured Bonds

question 21

Multiple Choice

What is another term used to describe unsecured bonds?

• A)Discount bonds
• B)Coupon bonds
• C)Debentures
• D)Par value bonds

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Definitions:

Collusive Agreement

A secret or illegal cooperation or agreement between parties to limit competition and manipulate market conditions to their advantage.

Cartel

An association of independent businesses or countries that work together to control prices and limit competition in a specific market.

Collusion

An agreement between two or more parties, often covertly, to limit competition and manipulate markets for mutual benefit.

Trademarks and Copyrights

Legal instruments that protect intellectual property; trademarks safeguard brand names and logos, while copyrights protect original works of authorship.