Question $5,3\mathrm{.}2-3$

HW Score: $32\%,8$ of $25$ points

Points: $0$ of $2$

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Part $1$

A debt instrument represents

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Part $1$

A$.$

a promise by a borrower to repay principal plus interest to a lender.

B$.$

an ownership claim by the purchaser on the issuer.

C$.$

an attempt by a borrower in default to restore his or her credit.

D$.$

a nontaxable$$ asset, owned primarily by large corporations.