Corporations are granted the power to issue bonds through
A) tax laws.
B) state laws.
C) federal security laws.
D) bond debentures.

Question

Quizplus · Accepted Answer

Corporations are granted the power to issue bonds through state laws. State laws regulate the formation and operation of corporations, including their ability to issue bonds. These laws set requirements for the issuance of bonds, including the minimum and maximum amount that can be issued, the interest rate, and the timeframe for repayment. Federal laws also apply to the issuance of bonds, particularly in terms of disclosure requirements, but it is the state laws that give corporations the legal authority to issue bonds.

Corporations Are Granted the Power to Issue Bonds Through