Utme 2017 Commerce Question 40

Practice objective / multiple choice question 40 from the 2017 Utme Commerce examination. This question covers Finance .

Utme 2017 Commerce Objective / Multiple Choice 2 Difficulty
Topic: Finance
Question 40 UTME • 2017 • COMMERCE • objective

Which of the following attracts only interest but leaves the capital unpaid?

Answer Options

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

About This Question

This is Utme 2017 Commerce Question 40. It is one of the objective questions from the 2017 Utme Commerce examination.

The question covers Finance .

Difficulty level: 2 .

View More Utme 2017 Commerce Questions More Utme Practice Questions Back to Questions

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