Private placements usually have several advantages associated with them, but also tend to suffer
from specific disadvantages.
Which of the following is a disadvantage of a private placement when
compared to other methods of selling new securities?
A) avoidance of registration with the SEC B) higher interest costs
C) reduced flotation costs D) strictly standardized features/terms
B
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Cash paid for preferred stock dividends should be shown on the statement of cash flows under:
A) investing activities. B) financing activities. C) both investing and financing activities. D) operating activities
The basic difference between a good and a service is that a good
A. is more quickly forgotten by consumers. B. can be physically touched. C. is always less expensive than a corresponding service. D. provides intangible benefits. E. generates greater interest among consumers.
Upon dissolution, unlike a general partner, a limited partner can get his capital back before general creditors are paid
Indicate whether the statement is true or false
Action taken by shareholders without holding a meeting is valid under the RMBCA if it is evidenced by a written consent signed by all the shareholders entitled to vote on the action
Indicate whether the statement is true or false