A Document or Agreement Giving the Terms of the Bond

question 49

Multiple Choice

A document or agreement giving the terms of the bond and the rights and duties of the borrower and other parties to the contract that provides some protection to the bondholders and typically limits the borrower's right to declare dividends, to make other distributions to owners, and to acquire other businesses is known as a

• A)bond sinking fund agreement.
• B)serial bond funding agreement.
• C)bond indenture.
• D)creditor indenture.
• E)business trust indenture.

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