This occurs when stock and other corporate securities are sold directly to insurance companies, pension funds, or large institutional investors.

a. Venture capital
b. Private placement
c. Primary market
d. Secondary market
e. Initial public offering

b. Private placement

Business

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All of the following are solutions to the technology paradox except:

a. keep costs falling faster than prices b. mass customization c. find new uses for products d. develop long-term relationships with customers e. price controls

Business

Which of the following is generally true about exculpatory clauses?

A) They are not valid with respect to intentional acts. B) They are not valid for ordinary negligence. C) The test is if they are reasonable in time, scope, and geographic area. D) They are usually found to be invalid.

Business