A unique characteristic of bearer bonds is _____.
A) the name and country of the bond owner is on the bond
B) the name and country of the bond owner is not on the bond
C) the name and country of the bond owner is on the bond, but the owner does not need to pay taxes on interest received
D) the bond is heavily regulated and requires full disclosure to avoid fraud

Question

Quizplus · Accepted Answer

Bearer bonds do not have the name and country of the bond owner on the bond, which means that whoever physically possesses the bond is considered the owner and is entitled to any interest payments.

A Unique Characteristic of Bearer Bonds Is _____