Confidential Advisors, Such as Your Banker, Are a Difficult Source

question 5

True/False

Confidential advisors, such as your banker, are a difficult source to use when it comes to finding a new business, since they generally share their information with several of their clients.

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, giving them a part of the ownership of the company and potentially a claim on part of its assets and earnings.

Municipal Bond

A debt security issued by municipalities to finance their capital expenditures, typically tax-exempt for investors.

Government Bonds

Securities issued by a government to finance its expenditures, offering a fixed interest rate over a certain period.

Federal Income Tax

A charge imposed by the US federal government on the yearly income of persons, companies, trusts, and other entities.