Question
Question 1 Which of the following is not a loan to a governing body: Savings bond Treasury bond Municipal bond Corporate bond 10 pts
Answer
4.2
(200 Votes)
Billy
Expert · Tutor for 3 years
Answer
### Corporate bond
Explanation
## Step 1: Identify the nature of each bond### Savings bonds, Treasury bonds, and Municipal bonds are loans to government entities. Corporate bonds are loans to private corporations.## Step 2: Determine which bond is not a loan to a governing body### Since corporate bonds are loans to private corporations, they are not loans to a governing body.