Why Do Some Companies Issue Bonds Rather Than Borrow Money

question 16

Essay

Why do some companies issue bonds rather than borrow money directly from a bank?

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Definitions:

MP

An abbreviation for Member of Parliament, an individual elected to serve in the legislative body of a country.

Justification

The action of showing something to be right or reasonable, or the reasoning behind such a demonstration.

Premise

A foundational statement or principle from which a conclusion is logically derived.

EI

This is an abbreviation for Existential Import, which suggests that for a proposition to be true, the entities mentioned in it must actually exist.