The Following Are Advantages of Shelf Registration

question 29

Multiple Choice

The following are advantages of shelf registration
I.securities can be issued in dribs and drabs without incurring excessive transaction costs;
II.securities can be issued on short notice;
III.security issues can be timed to take advantage of market conditions

• A)I only
• B)II only
• C)III only
• D)I, II, and III

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Definitions:

Advertised Price

The price of a product or service that has been publicly communicated to potential buyers through various marketing channels.

Reasonable Value

A fair market price or level of compensation that would be deemed equitable under normal circumstances.

Gratuitous Promise

A promise for which no consideration is given or required in return, often unenforceable without a deed or under specific legal conditions.

Consideration

In contract law, consideration refers to the value (such as money, a service, or a promise) that is given in exchange for a contractual obligation from the other party.