- CFA Exams
- CFA Level I Exam
- Topic 3. Corporate Issuers
- Learning Module 3. Corporate Governance: Conflicts, Mechanisms, Risks, and Benefits
- Subject 2. Corporate Governance Mechanisms
CFA Practice Question
Which is not a tool used by creditors to protect their interests?
B. Debenture
C. Covenant
A. Indenture
B. Debenture
C. Covenant
Correct Answer: B
A debenture is an unsecured loan certificate issued by a company.
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