Q594
Right held with corporations to call issued bonds for redemption is considered as
A.
artificial provision
B.
call provision
AnswerC.
redeem provision
D.
original provision
Answer: Option B
Solution
Answer: Option B
Solution:
Right held with corporations to call issued bonds for redemption is considered as call provision. A call provision is a provision on a bond or other fixed-income instrument that allows the issuer to repurchase and retire its bonds.