What are the primary differences between a bond and a stock?(1 point)

Question

Responses

Stocks are units of ownership in a corporation, while bonds are contracts that specify duties to the corporation.
Stocks are units of ownership in a corporation, while bonds are contracts that specify duties to the corporation.

Stocks are certificates debt, while bonds are units of ownership in a corporation.
Stocks are certificates debt, while bonds are units of ownership in a corporation.

Stocks are contracts that specify duties to the corporation, while bonds are units of ownership in a corporation.
Stocks are contracts that specify duties to the corporation, while bonds are units of ownership in a corporation.

Stocks are units of ownership in a corporation, while bonds are certificates of debt.

Answer 1

The primary difference between a bond and a stock is that stocks are units of ownership in a corporation, while bonds are certificates of debt. Therefore, the correct response is:

Stocks are units of ownership in a corporation, while bonds are certificates of debt.