9
QuizMultiple Choice

Buying Bonds

Question 9 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

A bond is a small, interest-bearing loan made by an individual to a corporate or government entity.

Answer
A
T
B
F

Explanation

A bond is a debt investment: an individual lends money to a company or government, and the issuer generally pays interest and repays the principal later. So the statement is true, matching choice T.

AI-written and checked against the verified answer.

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