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20.02.2020 •
Business
A municipality would use general obligation bonds to finance all of the following EXCEPT the:
A. addition to an existing school building
B. construction of a new town hall
C. construction of an industrial park
D. addition of traffic lights to main intersections
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Ответ:
The correct answer is "C. construction of a new industrial park.".
Explanation: A municipality would use general obligation bonds to finance all of these options except the construction of an industrial park because municipalities generally use general obligation bonds to provide public services for the common good, such as the promotion of education through the construction and maintenance of schools, construction of a new town hall and other public goods that are certain that after its implementation will produce income for the payment of the bonds.
Ответ: