The first time a company issues stock, it does so through a(n) ________

A) primary market issuance
B) initial public offering
C) tertiary market sale
D) auction house
E) instant prospectus opportunity


B
Explanation: B) The first sale of stock to the public by a company is called an initial public offering (IPO). A financial advisory firm (often referred to as the underwriter) serves as an intermediary between a company issuing the stock and the investors who purchase the stock.

Business

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A fax cover sheet should always include ______________________

a. the recipient's name and phone number b. a photo of yourself c. a recipe d. your signature

Business

If a project is expected to be completed in 68 days with a project variance of 21 days, what is the probability that the project will be completed within 90 days?

a. between 5% and 10% b. between 15% and 20% c. between 25% and 30% d. none of these

Business

A judge's view of the law is of little importance in a common law legal system.

Answer the following statement true (T) or false (F)

Business

When customers have been surprised by a service outcome that is much better or worse than expected, they tend to look for reasons and their assessments of the reasons can influence their satisfaction. These perceived causes of service success or failure are known as:

A. Perceived disadvantages B. Blame states C. Service advantages D. Service attributions E. Fairness assessments

Business