The indenture is a legal document which:

a. outlines the rights and responsibilities of corporate shareholders.

b. describes the conditions under which the shareholders can hold a special election to

replace the current board of directors.

c. outlines the primary rights of the senior management of a firm regarding their

ownership of either debt or equity in the firm.

d. outlines the terms and provisions of a bond issue.

e. describes the conditions necessary before bond interest or stock dividends can be paid.