Problem: A bond issued and supported by the general credit standing of the corporation, rather than supported with pledged assets, is called A) a serial bond. B) a debenture. C) an indenture. D) callable bond.

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A bond issued and supported by the general credit standing of the corporation, rather than supported with pledged assets, is called

A) a serial bond.

B) a debenture.

C) an indenture.

D) callable bond.