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cricket20 [7]
2 years ago
8

Please help get this a great answer

Social Studies
1 answer:
Oxana [17]2 years ago
7 0

Answer:

What is the question and when submitting a question please make sure you submitted it right so the community can help you answer it.

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In case of a municipal revenue bond, provisions for the flow and application of funds normally are established by the: (A) Prosp
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Answer:

D.

Explanation:

Bond Indenture can be defined as an agreement between two parties in which legal and important features are mentioned and agreed by both the parties. The terms that are mentioned in bond indenture includes restrictions on the issuer, consequences faced by the issuer at the time of failure to make payments.

<u>In Municipal Revenue, Bond indenture is used to check the flow and application of funds</u>.

So, the correct answer is option D.

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Pretty sure this is right, I googled it a bit.

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