The legal contract setting forth the terms and provisions of a corporate bond is a(n) ________.
A) indenture
B) debenture
C) loan document
D) promissory note

Question

Quizplus · Accepted Answer

An indenture is the legal contract that sets forth the terms and provisions of a corporate bond, including the interest rate, maturity date, and repayment terms. Debenture is a type of bond that is not secured by collateral, a loan document is a more general term used to describe any legal document related to a loan, and a promissory note is a written promise to repay a debt, but it is not specific to the terms of a bond issuance.

The Legal Contract Setting Forth the Terms and Provisions of a Corporate