A Legislative Act Convicting Someone of a Crime Without Benefit

question 4

Multiple Choice

A legislative act convicting someone of a crime without benefit of trial is referred to as _____.

• A)an ex post facto law
• B)a bill of attainder
• C)a writ of mandamus
• D)a subpoena

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Definitions:

Rights Offering

A strategy by which companies raise additional capital, by giving existing shareholders the right to purchase additional shares at a predetermined price, usually at a discount.

Preemptive Privilege

The right given to existing shareholders to buy new shares before they are offered to the public, usually at a discount, to maintain their percentage of ownership.

Standby Underwriting

A financing arrangement in which an underwriter agrees to buy any unsold shares after a public offering.

Underpriced IPO

An initial public offering priced below its market value, often leading to immediate gains for initial investors.