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Liono4ka [1.6K]
3 years ago
15

Suppose touchtech, a hand-held computing firm, is selling bonds to raise money for a new lab—a practice known as finance. buying

a bond issued by touchtech would give sean the firm. in the event that touchtech runs into financial difficulty, will be paid first.
Business
1 answer:
AysviL [449]3 years ago
8 0
<span>Buying a bond does not constitute ownership in a company. In the event that Touchtech, or any firm that issues a bond, runs into financial difficulty, bondholders are the first to be paid. Sean, as a bondholder, would be among the first paid.</span>
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