Assure Pharma Corp., a private corporation, became a public corporation when it sold its stock to raise the money it required for global expansion. As a result, anyone could buy, sell, or trade the stocks of the company. The process adopted by Assure Pharma Corp. to raise money is referred to as
A. bartering.
B. angel investment.
C. franchising.
D. initial public offering.
E. factoring.
Answer: D
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Explain the purpose of the parol evidence rule.
What will be an ideal response?
When Jacob opened a gaming lounge in his town, it was the only one of its kind for two years. When other clubs opened in the area, he hired an advertising agency to create a campaign to promote his lounge. The campaign focused on reminding consumers of the good times they had had at his club. He also hired a local celebrity to endorse his club. The ad campaign's appeal to the emotions of the consumers is an example of __________.
Fill in the blank(s) with the appropriate word(s).
Work flows have been _______ in recent years.
a. Structured to hide process information from the customer b. Increasingly eliminated c. Increasingly automated d. Increasingly performed by hand
Which of the following is a role of the secondary market?
A) Keep prices level B) Give information for securities on sale in the primary market C) Trade long term securities only D) Offer securities for sale for the first time E) Establishing security prices