Solved

A Bearer Bond Has the Disadvantage(s) Of

Question 40

Multiple Choice

A bearer bond has the disadvantage(s) of:


A) being non-transferable if lost or stolen.
B) ownership of the bonds are recorded in the company's books.
C) no direct communication as it is held by an unidentified owner.
D) having to remit the coupon to the issuer (company) to collect.
E) difficulty in tax collection on interest when the holder is unknown.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions