Which of the Following Is the Best Way to Deal

question 7

Multiple Choice

Which of the following is the best way to deal with a situation when all your work experience is in your family's business?

• A) List your family members as references, but in your letter of application stress that they were just as hard on you as they would have been if you had not been related.
• B) Never list the name of the company if it contains your family name.
• C) List the company you worked for and list a client who can talk about your work.
• D) Mention that there is no scope for growth since it is a family business.
• E) Avoid mentioning the names of your supervisors.

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Definitions:

Standby Underwriting

A type of underwriting agreement in which the underwriter agrees to buy any shares not purchased by investors during a public offering.

Underwriting Syndicate

A group of underwriters who come together to share the risk and to help sell an offering of securities to the public.

Rights Offering

A financial opportunity offered by a corporation to its existing shareholders to purchase additional shares directly from the company at a discounted price.

Firm Commitment

A guarantee given by an underwriter to purchase all the unsold shares in an initial public offering or a secondary offering.