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Legal document in which rights of issuing corporation and bondholder's state is classified as

A. legal rights classification

B. indenture

C. ownership statement

D. guarantee statement

Answer: Option B

Solution(By Examveda Team)

Legal document in which rights of issuing corporation and bondholder's state is classified as indenture. An indenture is a legal and binding contract between a bond issuer and the bondholders.

This Question Belongs to Commerce >> Financial Management

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