Why Are Privately Placed Bonds More Difficult to Sell Than

question 3

Multiple Choice

Why are privately placed bonds more difficult to sell than publicly issued bonds?

• A)they are usually commercial bank loans
• B)the presence of customized covenants
• C)funds come from private investors
• D)underwriting is required

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Definitions:

Antisocial Behavior

Actions that harm or lack consideration for the well-being of others, often violating social norms and laws.

Posttraumatic Stress Disorder

A psychological disorder that arises after exposure to or being part of a distressing event, leading to intense stress, recurring nightmares, and vivid flashbacks.

Phobic Disorder

A psychiatric condition characterized by an irrational and excessive fear of an object, place, situation, or activity leading to avoidance behavior.

Sexual Promiscuity

Engagement in sexual activities with multiple partners or the frequent changing of sexual partners without following monogamy.