An unsecured note is:
A) long-term debt secured by part,or all,of the assets of the borrower
B) debt that is secured by a borrower's accounts receivables
C) unsecured debt that is generally payable within the next ten years
D) a formal type of loan that is secured by real estate
E) the written agreement which details the information relative to a bond issue
Correct Answer:
Verified
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