Question

A legal document that indicates the name of the issuer, the face value of the bond and such other data is called

a. a bond certificate.
b. a bond debenture.
c. trading on the equity.
d. a convertible bond.

Answer 1

Answer: Option A

Explanation: In simple words, it refers to a document which works as a proof to convey the indebtedness of a borrower and the terms and conditions that are related to that indebtedness.

These documents contain all the information related to the contract such as the name of the issuer, the interest rate and the face value etc.

Thus, the correct option is A.