Which of the following statements is most correct?

Question

Quizplus · Accepted Answer

Choice A is correct because bonds typically have a fixed maturity date, and the issuer typically repays the entire principal amount at maturity instead of making periodic payments to gradually pay off the debt (amortization). 
Choice B is correct because bonds are written agreements that specify the terms of the debt, such as the interest rate, payment frequency, maturity date, and other features. The bond certificate serves as evidence of the debt and is legally binding. 
Choice C is correct because bondholders are lenders who have provided funds to the bond issuer and are entitled to receive interest payments and principal at maturity. They are owed a contractual obligation by the issuer and can take legal action if the issuer fails to make payments.

Which of the Following Statements Is Most Correct