A______ represents a long-term debt obligation issued by a corporation or government.
A)certificate of deposit
B)bond
C)commercial note
D)share of stock

Question

Quizplus · Accepted Answer

A bond represents a long-term debt obligation issued by a corporation or government. Certificates of deposit and commercial notes are also types of debt instruments, but they typically have shorter maturities than bonds. Shares of stock represent ownership in a company and do not involve a debt obligation.

A______ Represents a Long-Term Debt Obligation Issued by a Corporation