Which of the Following Drafting Tools Is Not Commonly Used

question 13

Multiple Choice

Which of the following drafting tools is not commonly used to draw horizontal lines?

• A)T-square
• B)drafting machine square
• C) protractor
• D) parallel bar

---

Definitions:

Direct Private Long-term Debt Financing

A type of financing where companies borrow money directly from private investors, bypassing traditional bank loans and public markets.

Public Issues

The process by which a private company goes public by offering its shares to the public for the first time.

Registration Costs

Expenses associated with the process of registering a security with regulatory authorities (such as the SEC) before it can be offered for sale to the public, including legal, accounting, and printing fees.

General Cash Offers

A public offering in which securities are sold for cash to the general investing public.