Stocks do not have a _________ date

Fill in the blank(s) with the appropriate word(s).

Answer: maturity

Business

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If a company's objective is to support its stock price in the event of a market downturn, it would be advised to authorize:

A. a Dutch auction tender offer effective in 30 days. B. a tender offer share repurchase at a fixed price effective in 30 days. C. an open market share repurchase plan to be executed over the next five years.

Business

In order to avoid a real estate commission, a buyer and seller agree to wait until after the listing before entering into a sales contract. Could the listing broker be awarded a commission by courts?

A. Yes, if the broker could prove collusion. B. Yes, but the fee would be subject to negotiation. C. No, the listing expired. D. No, the closing would occur after the listing period.

Business