Which of the following statements concerning private placements is MOST correct?
A) Private placements do not involve investment bankers.
B) More than half of all private placements are sold to federal, state, or local governments or
government agencies.
C) Although not selling the securities to the public, investment bankers may provide advice on
the evaluation of prospective buyers and the terms of sale for private placements.
D) Private placements are limited to stocks, not bonds.
C
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Gray market goods are trademarked products that are exported from one country to another and sold by authorized persons or organizations
Indicate whether the statement is true or false
In most states, the statute of frauds makes oral contracts that come within its provisions ________.
A. illegal B. void C. valid D. unenforceable
It is not possible for a company to provide the full variety of products or services which the customer demands within a given time
Indicate whether the statement is true or false
Ritzer argues that all aspects of our world are being rationalized through McDonaldization via four major mechanisms. One of those is the process of ‘Efficiency’, which of the following is an example of such a mechanism?
a. Using an explicitly stated and pre-programmed script so staff can quickly deal with customers b. Ensuring means of production – from produce through to staff – are of a minimal cost c. Using standardized procedures and machinery to produce standardized products and services so customers know what they are going to get irrespective of where or when they buy it d. Ensuring everyone wears the uniform, smiles at the customer and is extensively trained to ensure they stick to the pre-programmed script