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Exam Series 7 All Questions

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Exam Series 7 topic 1 question 100 discussion

Actual exam question from FINRA's Series 7
Question #: 100
Topic #: 1
[All Series 7 Questions]

Who obtains and pays the municipal bond attorney rendering a legal opinion about the validity of the bond issue?

  • A. the purchaser of the bonds
  • B. the underwriter
  • C. the issuing municipality
  • D. the municipality’s financial adviser
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Suggested Answer: C 🗳️
the issuing municipality. The issuer pays for the attorney.
by lolojepu at April 6, 2025, 2:01 a.m.

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