Solved

Municipal Bonds Can Be Either General Obligation Bonds or Revenue

Question 90

Multiple Choice

Municipal bonds can be either general obligation bonds or revenue bonds.Of these two types of municipal bonds, only general obligation bonds


A) are specifically serviced by the income generated from particular projects.
B) are backed by the full faith and credit of the issuer.
C) repay the principal only if a sufficient level of revenue is generated.
D) have the principal and interest guaranteed by a third party.

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