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Finra Exam Series-6 Topic 9 Question 63 Discussion

Actual exam question for Finra's Series-6 exam
Question #: 63
Topic #: 9
[All Series-6 Questions]

A long-term, unsecured bond issued by a corporation is called:

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Suggested Answer: C

If Mr. Gaunt believes he is still due money from Savvy, and Savvy disagrees, Ari has six years to submit his claim to arbitration under FINRA's Code of Arbitration. Ari cannot sue Savvy in a court of law, and the decision of the arbitration panel is final.


by Nelida at Aug 07, 2023, 10:55 AM

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Kattie
10 hours ago
Hmmm, this seems like a classic corporate finance question. I'm pretty sure the answer is A - a debenture.
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Leslie
11 days ago
I'm not sure, but I think it could also be D) an industrial revenue bond.
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Stephanie
12 days ago
I agree with Valentin, a debenture makes sense for a long-term, unsecured bond.
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Valentin
17 days ago
I think the answer is A) a debenture.
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