Bonds that are issued against the general credit of the issuer are termed
A) market value bonds.
B) redeemable bonds.
C) debentures.
D) junk bonds.

Name: Bonds that are issued against the general credit of the issuer are termed A) market value bonds. B) redeemable bonds. C) debentures. D) junk bonds.
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Debentures are bonds that are not secured by physical assets or collateral but are issued based on the general creditworthiness and reputation of the issuer.

Bonds That Are Issued Against the General Credit of the Issuer