Which of the Following Institutions Is Most Likely to Purchase

question 58

Multiple Choice

Which of the following institutions is most likely to purchase a private bond placement? ​

• A)commercial bank
• B)finance company
• C)insurance company
• D)savings institution

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Definitions:

Goods

Tangible products or merchandise that are manufactured, bought, and sold in commerce.

Services

The action of helping or doing work for someone, often producing intangible benefits.

Unearned Revenue

Income received by an entity for services or products yet to be delivered or performed.

Liabilities

Liabilities or amounts due by a corporation to third parties or people outside the organization.