Which of the following are backed only by the reputation and financial stability of the corporation?
A) debentures
B) unsecured bonds
C) Both debentures and unsecured bonds
D) None of these choices are correct.

Question

Quizplus · Accepted Answer

Both debentures and unsecured bonds are types of debt instruments that are not secured by collateral but are backed by the issuer's creditworthiness and reputation.

Which of the Following Are Backed Only by the Reputation