The organization that purchases the bonds from an issuing corporation and resells them to its clients or sells the bonds for a commission is the:
A)bank.
B)underwriter.
C)bondholders.
D)stockholders.

Question

Quizplus · Accepted Answer

The organization that purchases the bonds from an issuing corporation and resells them to its clients or sells the bonds for a commission is called the underwriter.

The Organization That Purchases the Bonds from an Issuing Corporation