The type of instrument whoever holds it, gets the interest and principal amount is classified as Options: A . &nbspterm instrument B . &nbspinterim instrument C . &nbspprimary instrument D . &nbspbearer instrument

The type of instrument whoever holds it, gets the interest and principal amount

Question

The type of instrument whoever holds it, gets the interest and principal amount is classified as

Options:

A . term instrument

B . interim instrument

C . primary instrument

D . bearer instrument

Answer: Option D
Answer: (d).bearer instrument

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