Multiple Choice
Which of the following is an incorrect statement regarding a syndicate?
A) A syndicate is an investment group.
B) A syndicate comes together for the purpose of financing a large commercial project.
C) The advantage of a syndicate is that members are not liable to third parties for project failure.
D) The advantage of a syndicate is that it can raise large amounts of capital quickly.
Correct Answer:
Verified
Correct Answer:
Verified
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