Which one of the following is correct concerning bonds and bondholders?

A) A bondholder has the right to vote on key corporate decisions.
B) The interest paid on a bond is not tax deductible as a business expense.
C) A bondholder can never force a company into bankruptcy.
D) A bondholder is a partial owner of a corporation.
E) A bond can be sold privately and never offered to the public.

Bondholders

Individuals or entities that hold the debt securities issued by corporations or governments, entitled to receive the bond's interest payments and the return of principal.

Tax Deductible

Expenses that can be subtracted from gross income to reduce the total amount of income on which tax is assessed.

Bankruptcy

A court-managed method enabling individuals or companies that are unable to pay off their debts to pursue reprieve for either a portion or the entirety of what they owe.