The contract between the bond issuer and the bondholders identifying the rights and obligations of the parties,is called a(n):
A)Debenture.
B)Bond indenture.
C)Mortgage.
D)Installment note.
E)Mortgage contract.

Question

Quizplus · Accepted Answer

A bond indenture is a legal document that outlines the terms of a bond. It includes important details such as the interest rate, payment schedule, and the rights and responsibilities of both the issuer and the bondholder. A debenture is a type of bond that is not secured by collateral, while a mortgage is a loan that is secured by property. An installment note is a form of debt that is repaid in regular payments over a period of time. A mortgage contract is a legal agreement between a lender and borrower for a mortgage loan. However, none of these options accurately describe the contract between a bond issuer and bondholders, which is specifically referred to as a bond indenture.

The Contract Between the Bond Issuer and the Bondholders Identifying