________ are unsecured bonds,backed only by the corporation's promise to pay.
A) Convertible bonds
B) Protected bonds
C) Bills of exchange
D) Debentures
E) Non-convertible bonds

Question

Quizplus · Accepted Answer

A)Debentures are unsecured bonds, backed only by the corporation's promise to pay. Debentures are riskier than other types of bonds.
B)Debentures are unsecured bonds, backed only by the corporation's promise to pay. Debentures are riskier than other types of bonds.
C)Debentures are unsecured bonds, backed only by the corporation's promise to pay. Debentures are riskier than other types of bonds.
D)Debentures are unsecured bonds, backed only by the corporation's promise to pay. Debentures are riskier than other types of bonds.
E)Debentures are unsecured bonds, backed only by the corporation's promise to pay. Debentures are riskier than other types of bonds.

________ Are Unsecured Bonds,backed Only by the Corporation's Promise to Pay