FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 69 Topic 7 Discussion

FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 69 Topic 7 Discussion

Series-7 Exam Topic 7 Question 69 Discussion:
Question #: 69
Topic #: 7

Under a leaseback arrangement used to finance construction of local schools, who is the issuer of the municipal bonds?


A.

the state in which the schools are located


B.

the local school district


C.

a legal authority created for this purpose


D.

a public housing authority commissioned by the federal government


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