A New Public Equity Issue from a Company with Equity

question 3

Multiple Choice

A new public equity issue from a company with equity previously outstanding is called a/an:

• A) initial public offering.
• B) seasoned equity issue.
• C) unseasoned equity issue.
• D) private placement.
• E) syndicate.

---

Definitions:

Reasonable Person

A hypothetical individual in law whose behavior serves as a standard of care to determine negligence by comparing actions to those expected of a typical person.

Ordinary Prudence

A standard of care that refers to the caution, attention, or skill a reasonable person would use under similar circumstances.

Standard Of Reasonable Care

A legal benchmark which dictates the level of care an ordinary, prudent person should take in a specific situation to avoid harm to others.

Blind Person

An individual who lacks visual perception due to physiological or neurological factors beyond normal refractive errors.