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    Business
  3. Study Set
    Financial Accounting Theory
  4. Exam
    Exam 11: Long-Term Liabilities
  5. Question
    The Term Used for Bonds That Are Secured Only by the General
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The Term Used for Bonds That Are Secured Only by the General

Question 2

Question 2

Multiple Choice

The term used for bonds that are secured only by the general credit of a company is


A) Indebenture bonds
B) Callable bonds
C) Debenture bonds
D) Mortgage bonds

Correct Answer:

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