Question

Why did some people believe the federal government should not pay back bond debt?

Answer 1

A) It seemed unfair that debts should be paid to the estates of people who had died during the war effort.

Answer 2

The correct answer is A) it seems unfair that debts should be paid to the estates of people who had died during the war effort.

Some people believe that the Federal Government should not pay the bond debt because it seems unfair that debts should be paid to the estates of people who had died during the war effort.

In financial terms, a bond is a fixed income instrument that it is emitted when some investor or businessman loans money to a person. In this case, the government can receive a loan and the bond includes the terms of payment with a fixed interest. It is obligated to pay the debt when the due date comes. But some people believe that the Federal Government should not pay the bond debt because it seems unfair that debts should be paid to the estates of people who had died during the war effort.