__________, usually called debentures, have only the obligation of the corporation behind them.
A) Secured bonds
B) Income bonds
C) Unsecured bonds
D) None of these are correct.

Question

Quizplus · Accepted Answer

Unsecured bonds, often referred to as debentures, are bonds that do not have any collateral backing them. Instead, they are backed solely by the creditworthiness and reputation of the issuing corporation.

__________, Usually Called Debentures, Have Only the Obligation of the Corporation