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

Question

Quizplus · Accepted Answer

Unsecured bonds, often referred to as debentures, are backed solely by the creditworthiness and reputation of the issuing corporation, without specific collateral.

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