Bonds are issued by a variety of entities including corporations and governments at all levels (federal, state, and local) to raise funds for various purposes. Moody's and Standard & Poor's are credit rating agencies, not issuers of bonds, and the SEC is a regulatory body.

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Bonds Are Issued

Question 56

Multiple Choice

Bonds are issued:

A) by corporations and state, local, and federal governments.
B) only by state and local governments and partnership firms.
C) only by corporations and partnership firms.
D) by Moody's and Standard & Poor's.
E) by the Securities Exchange Commission (SEC) .

Correct Answer: