Tom just bought a bond from United Pet Group.This bond is only backed by the financial reputation of the company.What type of bond did Tom buy?
A) Unsecured bond
B) Debenture
C) Both a and b
D) Neither a nor b
Correct Answer:
Verified
Q41: The _ is a collection of financial
Q61: Which of the following financial institutions would
Q64: Which of the following financial institutions is
Q65: The interest rate at which the Bank
Q88: Mortgage-backed corporate bonds consist of pools of
Q93: _ is a form of short-term financing
Q105: The basic form of corporate ownership is
Q108: Bonds with ratings of BBB and above
Q139: The process used by an insurance company
Q140: Commercial banks obtain most of their funds
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents