The replacement of bearer bonds with registered bonds is because of lack of ______________?

Correct answer: C. security of bearer bonds

  • A. security of indentures
  • B. security of unregistered bonds
  • C. security of bearer bonds
  • D. security of registered bondsBusiness Formation

Explanation

Bearer bonds can be transferred simply by delivery, so ownership is less protected if the bond is lost or stolen. Registered bonds record the owner’s name and therefore provide greater security.

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