Herman Melville never thought of a bond as being a ________ and that he would be a ________ when securing one until he read about it in his personal finance text.

Question

Quizplus · Accepted Answer

The question mentions securing a bond, which typically means being a lender. The options that include "lien" refer to a type of legal claim on property, not a role in a financial transaction. Option B ("loan; borrower") doesn't make sense because the sentence says "securing one," which implies the person is the one providing the funds, not the one borrowing them. "Debenture" doesn't fit because it's a type of bond, not a role in a transaction. Therefore, the correct answer is C, "loan; lender."

Herman Melville Never Thought of a Bond as Being a ________