Describe the two distinct obligations incurred by a corporation when issuing bonds.
♥ 0 |
Describe the two distinct obligations incurred by a corporation when issuing bonds. |
Answer and Explanation
Explanation
Issuing bonds is a way to increase the corporation's money. A bond is a loan between an investor and a corporation and if the investor agrees to give a certain amount of money, it will be need in a period of time and an investor will be receiving such a interest. Therefor a corporation is obliged to pay it in a maturity date or depends on the agreement of bond's term.
Answer
When a corporation will issue a bond the distinct obligation of it are the repayment of of its principal and interest.
Purchase this answer to view it.
Click the button to login/signup and buy full solution at 2 USD only.
The Best Research Paper Writing Service
Would you want to pay someone to write your paper professionally from scratch? 100% Original and 0% AI Content!.
🎓 Write my Essay
📚 Write my Persuasive Essay
📋 Humanize AI Content for Turnitin
💻 Write my Reflective Essay
📑 Write my Research Paper
📜 Write my Thesis Paper
📘 Write my Dissertation
📋 Write my Case Study
📝 Write my Online Exam
✒️ Write my Term Paper