Utme 2017 Commerce Question 22

Practice objective / multiple choice question 22 from the 2017 Utme Commerce examination. This question covers Finance .

Utme 2017 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Finance
Question 22 UTME • 2017 • COMMERCE • objective

A bond which attracts only interest but leaves the capital unpaid is referred to as

Answer Options

A. a redeemable bond
Correct Answer B. an irredeemable bond
C. a long-term loan
D. a development bond
Correct Answer
B
Correct Option:
an irredeemable bond

About This Question

This is Utme 2017 Commerce Question 22. It is one of the objective questions from the 2017 Utme Commerce examination.

The question covers Finance .

Difficulty level: 2 .

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