If Bruce signs an agreement to purchase Joe's shares in ABCo. the stock sales contract is called an indenture.

Name: If Bruce signs an agreement to purchase Joe's shares in ABCo. the stock sales contract is called an indenture.
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

A stock sales contract is not called an indenture. An indenture is a legal agreement between a borrower and a lender that specifies the terms of a bond issuance, loan or other debt instrument.

If Bruce Signs an Agreement to Purchase Joe's Shares in ABCo