The Organization That Purchases the Bonds from an Issuing Corporation

question 191

Multiple Choice

The organization that purchases the bonds from an issuing corporation and resells them to its clients or sells the bonds for a commission is the:

• A) underwriter.
• B) bank.
• C) stockholders.
• D) bondholders.

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Definitions:

Public Trust

The belief and confidence that the public has in the integrity and effectiveness of governmental institutions and their actions.

Political Institutions

Structures and systems within a society that organize, govern, and manage public policy and affairs.

Social Institutions

Complex systems of norms and behaviors that fulfill societal needs, such as family, education, and religion.

Public Opinion Polling

The process of surveying public opinion from a particular sample in order to infer the opinions or behaviors of the general population.