The difference between a general obligation and a revenue bond is:

Question

Quizplus · Accepted Answer

All three statements are true and describe the differences between general obligation and revenue bonds. General obligation bonds are backed by the full faith, credit, and taxing power of the governmental unit, making them of high quality. Revenue bonds, on the other hand, rely solely on the revenue generated by a specific project or venture for repayment, making them riskier. Thus, the best answer is D- all of the above.

The Difference Between a General Obligation and a Revenue Bond