FINRA Series 7

Category - Series 7

Who obtains and pays the municipal bond attorney rendering a legal opinion about the validity of the bond issue?
  1. the purchaser of the bonds
  2. the underwriter
  3. the issuing municipality
  4. the municipality’s financial adviser
Explanation
Answer: C - the issuing municipality. The issuer pays for the attorney.
Was this helpful? Upvote!
Login to contribute your own answer or details

Top questions

Related questions

Most popular on PracticeQuiz