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Full Faith and Credit Bond

June 07, 2011 | Corporate Finance

A full faith and credit bond goes by what other name?

Quiz Results

Answer Key #1 Moral Obligation Bond
#2 General Obligation Bond
#3 Treasury Bond
#4 Tax Free Bond

Correct Answer: # 2

Explanation:

General obligation bonds are also called full faith and credit bonds because the issuer pledges their full faith and credit behind the security.

Quiz Answer History