________ Placement of Securities Restricts the Ability to Resell the Securities,thus

question 47

Multiple Choice

________ placement of securities restricts the ability to resell the securities,thus investors often require ________ interest rates on bonds issued in this manner.

• A)Private; lower
• B)Private; higher
• C)Public; higher
• D)Public; identical

---

Definitions:

Perfection

The series of legal steps a secured party takes to protect its right in the collateral from the other creditors who want their debt returned through the same collateral.

Security Interest

A legal claim or right granted over property to secure the payment of a debt or obligation.

Financing Statement

A document that lists the names and addresses of all the parties involved in the transaction, a description of the collateral, and the signature of the debtor.

Federal Trade Commission

A United States federal agency established to protect consumers and ensure a strong competitive market by enforcing antitrust and consumer protection laws.