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    Financial Accounting Study Set 26
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    Exam 7: Liabilities
  5. Question
    Bonds Which Are Backed Only by the Good Faith of the Borrower
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Bonds Which Are Backed Only by the Good Faith of the Borrower

Question 21

Question 21

Multiple Choice

Bonds which are backed only by the good faith of the borrower are referred to as:


A) mortgage bonds
B) registered bonds
C) secured bonds
D) debenture bonds

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