Unlike private placements, publicly-sold securities lack
A) any kind of statement of the financial condition of the borrower.
B) a secondary market.
C) a definite maturity date.
D) restrictive covenants.
D
Economics
You might also like to view...
Which of the following was never a labor union?
a. American Federation of Labor b. Labor Relations Board c. Congress for Industrial Organization d. Knights of Labor
Economics
A bond buyer is a
a. saver. Bond buyers must hold their bonds until maturity. b. saver. Bond buyers may sell their bonds prior to maturity. c. borrower. Bond buyers must hold their bonds until maturity. d. borrower. Bond buyers may sell their bonds prior to maturity.
Economics