|
Re:Bonds for discharging debt
A& bond is just another form of a promise to pay. You basically are saying that you are underwriting the liability of the strawman. Some people use them instead of a bill of exchange because of the federal government often accusing people of "possibly" using fraudulent instruments when using bills of exchanges. They even refer to bonds as possible fraudulent instruments, but its all a scare tactic, bonds are widely used to raise money.
|