Regardless of the specific type of long-term debt, which of the following are normally required with debt transactions?
A) to repay the debt
B) to pay dividends
C) to pay interest
D) to repay the debt and to pay interest are both correct

Question

Quizplus · Accepted Answer

Repayment of the debt and payment of interest are typically required with all long-term debt transactions. Payment of dividends is not a requirement of long-term debt transactions, as dividends are payments made to shareholders and do not involve debt obligations.

Regardless of the Specific Type of Long-Term Debt, Which of the Following