If the Offer Price of a New Issue Is Too

question 75

Multiple Choice

If the offer price of a new issue is too low,
1. demand will exceed supply
2. supply will exceed demand
3. the price of the securities will rise
4. the price of the securities will fall

• A)1 and 3
• B)1 and 4
• C)2 and 3
• D)2 and 4

---

Definitions:

Employment Relationship

The legal and social connection between an employer and employee, governed by contract and labor laws.

Employment At Will

A legal doctrine that means an employer can terminate an employee at any time for any reason, except an illegal one, and without warning, as the employee can also quit at any time.

Express Contract

A legally binding agreement where the terms are explicitly stated either orally or in writing.

Employee Privacy

The right of employees to have their personal information, communications, and activities protected from unwarranted surveillance or disclosure in the workplace.