The following entities issue bonds to raise long-term loans except:
A) The federal government
B) State and local governments
C) Companies
D) Individuals

Question

Quizplus · Accepted Answer

Individuals cannot issue bonds because bonds are typically issued by entities that need to borrow large sums of money, such as governments or corporations. Individuals can take out loans, but these would typically be in the form of traditional bank loans or mortgages rather than bonds.

The Following Entities Issue Bonds to Raise Long-Term Loans Except