Management's First Step in Any Issue of Securities to the Public

question 37

Multiple Choice

Management's first step in any issue of securities to the public is:

• A) to file a registration form with the OSC.
• B) to distribute copies of the preliminary prospectus.
• C) to distribute copies of the final prospectus.
• D) to obtain approval from the board of directors.
• E) to prepare the tombstone advertisement.

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Definitions:

Provided

A term used to indicate that something is supplied or made available to someone or for some process.

Expected Product

The Expected Product is the chemical entity anticipated to result from a specific reaction under defined conditions.

Reaction

A process in which substances (reactants) are converted into different substances (products) with new physical and chemical properties.

Below

Generally used to indicate something in a lower position or level. In scientific contexts, could also relate to being lesser in degree or extent.