The legal contract that describes the form of the bond, the obligations of the issuer, and the
Question:
The legal contract that describes the form of the bond, the obligations of the issuer, and the rights of the bondholders can be best described as a bond’s:
A. Covenant.
B. Indenture.
C. Debenture.
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The answer is B Indenture A bond indenture is a legal document that outlines the terms and condition...View the full answer
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