Which of the following would NOT be examples of overlapping debt?

Which of the following would NOT be examples of overlapping debt?



Debt to build a state office building within city limits.

Debt to maintain a county park district serving a municipality.

Debt backed by two states cooperating in the construction of a bridge.

Debt for a high school district within city limits.



A) I and III.

B) I and II.

C) II and III.

D) II and IV.



Answer: A) I and III.


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