Who is responsible for holding the legal contract for a bond, or bond indenture?
a.) government officials
b.) the bondholder
c.) a trustee, like a financial institution
d.) the borrower

Question

25-08-2022
Social Studies

contestada

Who is responsible for holding the legal contract for a bond, or bond indenture?
a.) government officials
b.) the bondholder
c.) a trustee, like a financial institution
d.) the borrower

Respuesta :

Otras preguntas

Cory is a bird-watcher. He estimates that 30% of the birds he sees are American robins, 20% are dark-eyed juncos, and 20% are song sparrows. He designs a simula

Why did many Americans not share in the prosperity of the 1950s?

What is the importance of having a research plan? it helps you meet the project requirements. it gives you a better grade on your project. it allows you to do l

What was Kennedy's stance on the Civil Rights Movement? Provide proof.

Which sentence contains a subjective pronoun?

Item 2 Refer to the timeline in “From Barter to Bitcoin.” Based on the information in the timeline, farming spreads as people settle in villages. What happens a

If you laboratory practical exam is asking you to identify an organism that lacks a cell wall, but does have a proteinaceous layer called the pellicle, you can

What is the measure of Zx? Angles are not necessarily drawn to scale. Y Z 97 20 X W

Your answer is incorrect In the past year, Charmaine watched 28 movies that she thought were very good. She watched 80 movies over the whole year of the movies

Preston needs to write an equation in slope- intercept form to represent the relationship between x and y in the table below. What will be the value of the y-in

RajarshiG RajarshiG · Answer 1 · 2022-09-01T07:29:53+02:00

C. A trustee, like a financial institution is responsible for holding legal contract for a bond or bond indenture.

Bond indentures are not issued to individual bondholders. It would be pretty impractical for a company to try to enter into a contract with every single bondholder. That is why the bond indenture is actually issued to a trustee or third party that represents the bondholders.

An indenture is a legal and binding contract usually associated with bond agreements, real estate, or bankruptcy .It is a particular formal contract or deed made between two or more parties. Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance.

To learn more about Trustee,

https://brainly.com/question/28115772

#SPJ4

Who is responsible for holding the legal contract for a bond, or bond indenture? a.) government officials b.) the bondholder c.) a trustee, like a financial institution d.) the borrower

Respuesta :

Otras preguntas

Who is responsible for holding the legal contract for a bond, or bond indenture?
a.) government officials
b.) the bondholder
c.) a trustee, like a financial institution
d.) the borrower