A description of the property in security and the details of the protective covenants are:
A) key terms in a rights agreement.
B) the basic terms of a bond.
C) key parts of a typical bond indenture.
D) key parts of a typical bond debenture.

Question

Quizplus · Accepted Answer

The description of the property in security and the details of the protective covenants are key parts of a typical bond indenture. A bond indenture is a legal document that sets out the terms and conditions of a bond issue. It includes information on the security that backs the bonds (such as property) and any protective covenants that bondholders may be entitled to.

A Description of the Property in Security and the Details