A preliminary prospectus, permitted under SEC Regulations, is known as the
A. Unaudited prospectus.
B. Qualified prospectus.
C. "Blue-sky" prospectus.
D. "Red-herring" prospectus.
Answer: D. "Red-herring" prospectus.
You might also like to view...
The stage in the new product process that occurs first is the ________ stage
A) idea generation B) product development C) test marketing D) product soft launch E) concept testing
Which of the following is NOT a relevant consideration in a court's decision to void a
contract made with a mentally incompetent person? A) That the impairment was so serious so that the person did not understand the nature and consequences of his actions. B) That the contract is not one for necessities C) That the other party knew of the impairment at the time the contract was made D) That the agreement was cancelled within a reasonable time by the drunk or mentally incompetent person. E) That the price paid under the contract was high