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Finra Series-6 Exam - Topic 9 Question 63 Discussion

A long-term, unsecured bond issued by a corporation is called:
C) commercial paper.
A) a debenture.
B) a general obligation bond.
D) an industrial revenue bond.

Finra Series-6 Exam - 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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Asha
8 months ago
Surprised to see people confused about this!
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Danica
8 months ago
Really? I always thought commercial paper was the answer.
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Michel
8 months ago
Yup, debentures are unsecured long-term bonds.
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Walton
8 months ago
I thought it was a general obligation bond?
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Ezekiel
9 months ago
It's definitely a debenture!
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Franklyn
9 months ago
I remember studying that debentures are long-term and unsecured, so I'm leaning towards A as well.
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Bulah
9 months ago
I'm a bit confused between A and B. I know general obligation bonds are secured by the issuer's credit, but I can't recall if that applies here.
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Aimee
9 months ago
I feel like I've seen a question like this before, and I think debentures are definitely the right choice.
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Willard
9 months ago
I think the answer might be A, a debenture, but I'm not entirely sure. I remember it being related to unsecured bonds.
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Latonia
9 months ago
Hmm, I'm a little unsure about the differences between these audit types. I'll need to think through each option carefully to figure out the right answer.
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Florinda
9 months ago
This looks like a straightforward SQL question. I'll need to carefully review the table structure and the data to be inserted, then determine the appropriate SQL statements to use.
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Blythe
10 months ago
This question seems pretty straightforward. I'm pretty confident I can figure out the size limit for the Recycle Bin in Vista and later versions of Windows.
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Cherry
10 months ago
I'm not entirely sure about this one. I'll need to review the concepts around VPN configurations and internet access to make an informed decision.
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Lisha
1 year ago
I wonder if the exam writer has a debenture-shaped hole in their heart. Jokes aside, A is the way to go.
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Audra
1 year ago
Industrial revenue bonds? What is this, a quiz on obscure municipal finance instruments? Definitely A.
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Alaine
1 year ago
Yeah, debentures are long-term, unsecured bonds issued by corporations.
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Arletta
1 year ago
I agree, it sounds like the right answer.
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Shakira
1 year ago
I think it's A) a debenture.
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Heike
1 year ago
Commercial paper? That's for lazy corporations who can't be bothered with proper long-term financing. I'm going with A.
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Annice
1 year ago
General obligation bonds are also a good option for corporations seeking long-term financing.
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Lorrine
1 year ago
I agree, commercial paper seems like a short-term solution for lazy corporations.
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Mozell
1 year ago
A debenture is a safer option for corporations looking for long-term financing.
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Ria
1 year ago
Debentures, huh? Guess I better brush up on my corporate bond terminology before the exam.
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Jade
1 year ago
D) an industrial revenue bond.
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Jeanice
1 year ago
C) commercial paper.
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Coletta
1 year ago
B) a general obligation bond.
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Viva
1 year ago
A) a debenture.
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Whitley
1 year ago
D) an industrial revenue bond.
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Carylon
1 year ago
C) commercial paper.
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Flo
1 year ago
B) a general obligation bond.
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Darell
1 year ago
A) a debenture.
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Kattie
1 year ago
Hmmm, this seems like a classic corporate finance question. I'm pretty sure the answer is A - a debenture.
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Chantell
1 year ago
I think it's B) a general obligation bond, but I could be wrong.
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Charolette
1 year ago
I agree with you, A) a debenture is the correct answer.
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Leslie
1 year ago
I'm not sure, but I think it could also be D) an industrial revenue bond.
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Stephanie
1 year ago
I agree with Valentin, a debenture makes sense for a long-term, unsecured bond.
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Valentin
1 year ago
I think the answer is A) a debenture.
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