The representative for bond owners is called a(n)
A) broker.
B) attorney.
C) member of the board of directors.
D) trustee.
E) bond counselor.

Question

Quizplus · Accepted Answer

The representative for bond owners is typically a trustee, who is responsible for ensuring that the terms of the bond agreement are adhered to and that the bondholders receive their payments on time. Brokers, attorneys, and members of the board of directors may be involved in the issuance or management of bonds, but they are not typically designated as the representative for bond owners. "Bond counselor" is not a commonly used term in this context.

The Representative for Bond Owners Is Called A(n)