A unique characteristic of bearer bonds is:
A)The name and country of the bond owner is on the bond.
B)The name and country of the bond owner is not on the bond.
C)The name and country of the bond owner is on the bond but the owner does not need to pay taxes on interest received.
D)The bond is heavily regulated and requires full disclosure to avoid fraud.

Question

Quizplus · Accepted Answer

Bearer bonds do not state the name and country of the bond owner on the bond. Instead, whoever physically possesses the bond is considered the owner, making them anonymous.

A Unique Characteristic of Bearer Bonds Is