A bond without any security behind them except a promise to pay by the issuing corporation is called ________?
ATrust bond
BDebenture bond
CCommon bond
DJoint bond
Correct answer
B. Debenture bond
Explanation
The correct answer is Debenture bond.
A bond without any security behind them except a promise to pay by the issuing corporation is called ________? - Answer and Explanation | Academy of Pakistan