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Under U.S. law, which of the following is the first step in the initial public offering (IPO) process?
Negligent And Intentional Acts
Legal terms referring to actions causing harm or damage, with negligence lacking intent and intentional acts being deliberate.
Respondeat Superior
A legal doctrine that holds an employer or principal legally responsible for the wrongful actions of an employee or agent, if such actions occur within the scope of employment or agency.
Liability
A legal responsibility or obligation, typically referring to the duty to compensate for harm or loss caused to another party.
Agent
An individual or entity authorized to act on behalf of another person or entity, typically in business transactions, creating a legal relationship called agency.
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