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    Accounting Study Set 4
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    Exam 14: Long-Term Liabilities: Bonds and Notes
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    When a Corporation Issues Bonds, It Executes a Contract with the Bondholders
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When a Corporation Issues Bonds, It Executes a Contract with the Bondholders

Question 47

Question 47

True/False

When a corporation issues bonds, it executes a contract with the bondholders, known as a bond debenture.

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