Which Term Best Describes A Certificate Of Indebtedness That Specifies The Obligations Of The Borrower To The Holder A Bond B Stock C Mutual Fund D Savings Account?
Which Term Best Describes A Certificate Of Indebtedness That Specifies The Obligations Of The Borrower To The Holder A Bond B Stock C Mutual Fund D Savings Account? ANS: A bond is a certificate of indebtedness that specifies the obligations of the borrower to the holder of the bond, while stock represents a share of