A rights offering is the

A) initial offering of securities to the public.
B) offering of new securities to current shareholders on a pro-rata basis.
C) sale of newly issued shares of stock to the general public.
D) sale of securities directly to a select group of investors.

Answer: B

Business

You might also like to view...

Which of the following is not one of the goals of a negative news message?

a. Help the receiver understand and accept the news. b. End the relationship when a formal association is being terminated. c. Reduce the anxiety associated with the negative news to increase comprehension. d. Be clear and concise in order not to require additional clarification. e. Maintain trust and respect for the business or organization and for the receiver.

Business

When raters are asked to consider all ratees at the same time and to estimate the relative performance of each by using a 100-point scale, which method are they using?

A. Forced distribution B. Behaviorally anchored rating scales (BARS) C. Simple rank order D. Relative percentile

Business