问题如下：
Considering the occurence of default, when compared with secured debt holders, debentures' holders generally have:
选项：
A.higher rank.
B.lower rank.
C.the same rank.
解释：
B is correct.
Debentures represent the unsecured debt. In the event of default, unsecured debt holders' claim rank below those of secured creditors.
无抵押债券风险不是比抵押债券高吗？
