How Long Is the "Lock-Up" Period That Is Commonly Found

question 27

Multiple Choice

How long is the "lock-up" period that is commonly found in an IPO underwriting contract?

• A)one month
• B)three months
• C)six months
• D)one year
• E)eighteen months

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Definitions:

Four Unities

The Four Unities are joint tenancy principles requiring unity of possession, interest, title, and time, ensuring equal rights to the property among co-owners.

Servient Tenement

The property through which an easement is created or through which it extends.

Dominant Tenement

The property to which the right or privilege of an easement attaches.

Easement

A non-possessory right to use or enter onto another's property for a specified purpose.