The First Sale of Stock by a Firm to the Public

question 24

Multiple Choice

The first sale of stock by a firm to the public is referred to as a(n) ________.

• A) original public submission
• B) first unrestricted offering
• C) preemptive initial offering
• D) original open offering
• E) initial public offering

---

Definitions:

Public Entertainment

Activities and events intended to amuse or interest the general public, often organized by governmental or community groups.

Dominant Strategy

In game theory, a strategy that is the best for a player to follow regardless of the strategies chosen by other players in the game.

Wealth

The accumulation of valuable financial assets or tangible possessions that can be used or exchanged to procure goods and services.

Contribute

To give or donate something, such as resources, ideas, or money, towards a common goal or project.