Which of the Following Uses of Proceeds from Private Activity

question 23

Multiple Choice

Which of the following uses of proceeds from private activity bonds will most likely qualify those bonds as federally tax-exempt?
I. public airport runway
II. baseball stadium
III. multifamily housing project
IV. mass rail transit

• A)I and II only
• B)I and III only
• C)II and III only
• D)II and IV only
• E)I, III, and IV only

---

Definitions:

Payment Methods

Various ways in which transactions can be settled, including cash, credit cards, checks, and digital payments.

Government Regulations

Rules or laws established by the government to control or direct the actions of individuals, businesses, or other entities within a society.

Reliability

The degree to which an instrument, tool, or process consistently produces the same results under the same conditions.

Promotional Mix

The combination of marketing communication tools a company uses to fulfill its promotional objectives, including advertising, sales promotion, public relations, personal selling, and direct marketing.