Anyone who is in physical possession of a ________ can collect interest payments and the face value of the bond at maturity regardless of whether or not they are the rightful owner.
A)corporate bond
B)registered coupon bond
C)bearer bond
D)money market account
E)savings bond

Question

Quizplus · Accepted Answer

Bearer bonds are unique because they are not registered in the investor's name and interest payments can be collected by whoever physically holds the bond. This means that possession is the only requirement to claim interest or the principal at maturity, making them different from other types of bonds or accounts that require ownership to be verified.

Anyone Who Is in Physical Possession of a ________ Can