Instructions: the Following Sentences Form a Passage

question 272

Multiple Choice

Instructions: The following sentences form a passage. For each one, select correct if the sentence is punctuated correctly, fragment if it is a fragment, run-on if it is a run-on, and comma splice if it is a comma splice. As they worked together in nature.

• A) correct
• B) fragment
• C) run-on
• D) comma splice

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Definitions:

Securities Act of 1934

A U.S. law enacted to regulate the secondary trading of securities (stocks, bonds, etc.), establishing rules and procedures to prevent fraud and manipulation.

Underwriting

Underwriters (investment bankers) purchase securities from the issuing company and resell them. Usually, a syndicate of investment bankers is organized behind a lead firm.

Investment Banking

A sector of banking focused on helping individuals, corporations, and governments raise capital through underwriting or acting as the client's agent in issuing securities.

IPO

An Initial Public Offering (IPO) is the process by which a private company offers its shares to the public in a new stock issuance to raise capital.