Solved

Which of the Following Is an Incorrect Statement Regarding a Syndicate

Question 71

Multiple Choice

Which of the following is an incorrect statement regarding a syndicate?


A) A syndicate is an investment group.
B) A syndicate comes together for the purpose of financing a large commercial project.
C) The advantage of a syndicate is that members are not liable to third parties for project failure.
D) The advantage of a syndicate is that it can raise large amounts of capital quickly.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents