A _____ is assigned to represent the bondholders and to guarantee that the terms of the indenture are carried out.

Question

Quizplus · Accepted Answer

A trustee is assigned to represent the bondholders and to guarantee that the terms of the indenture are carried out. They hold legal title to the bond issue on behalf of the bondholders and ensure that the issuer meets their obligations, such as paying interest and principal on time. The other options are not typically involved in the bond indenture process.

A _____ Is Assigned to Represent the Bondholders and to Guarantee