What distinguishes moral obligation bonds from other types of debt? Why would one government assume a moral

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What distinguishes moral obligation bonds from other types of debt? Why would one government assume a moral obligation for another government’s bonds?

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Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

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Question Posted: Aug 13, 2014 11:50 AM

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What distinguishes moral obligation bonds from other types of debt? Why would one government assume a moral

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Moral obligation debt constitutes bonds or notes issued by one ...View the full answer

Government and Not for Profit Accounting Concepts and Practices

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