3261. Bonds issued to individuals by corporations are classified as

municipal bonds
corporate bonds
U.S treasury bonds
mortgages
✅ The correct answer is B.
Bonds issued to individuals by corporations are classified as corporate bonds. A corporate bond is a debt security issued by a corporation and sold to investors. The backing for the bond is usually the payment ability of the company, which is typically money to be earned from future operations. In some cases, the company’s physical assets may be used as collateral for bonds.

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