Question

Consumers and businesses are able to purchase from governments and private companies, which are debt certificates. Investors can also purchase by buying the rights to loans and mortgages.
a) true
b) false

Answer 1

Answer:

True

Explanation:

Debt certificate is a written agreement of purchasing a bond from a private company or government, it gives information regarding the maturity date, face value and principal amount. They are normally issued to consumers and business, but investors can also buy bonds or debt certificate by buying the right to loans and mortgages, it allows them to buy debt certificates.