Modified True/False
Please indicate if the statement below is true or
false. If the statement is false, indicate and make the correction
to make the statement true!!!!!!!!!!!!!
1. General obligation bonds are less restrictive than revenue
backed bonds with few limitations regarding the amount that can be
issued.
True/False ____________________
Correction to make true
___________________________________________________________________________________
2. When issuing revenue backed bonds, receipts from all issuing
governments sources are pledged to pay the interest and principal
back to the bond purchasers....