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Instructions: Read Each of the Following Essay Introductions

question 591

Multiple Choice

Instructions: Read each of the following essay introductions. Select the letter of the method the writer used in each introduction. The essay below begins with a(n) Almost all of us have heard of the Amish, the religious sect that separates itself from the world and rejects modern conveniences and advanced technology. We imagine people wearing hand-sewn clothing and living in homes without refrigerators, dishwashers, televisions, and telephones. However, the Amish have been buying and using cell phones for years. They also use in-line skates, power-operated grass cutters, and gas grills for barbecuing. The Amish employ such conveniences when they do not interfere with family life. Cell phones, for example, are kept outside the home and are used for business purposes only. The Amish people look at every modern-day convenience and accept it only if it works to bring together, not drive apart, members of the family and community. Wired, January 1999, http://www.wired.com/wired/archive/7.01/amish.html

Analyze the impact of new share issuance on existing shareholders' ownership percentages.

Differentiate between direct and indirect costs associated with issuing securities.

Recognize the significance of legal documents like the prospectus in the process of issuing new securities.

Understand the concepts of seasoned equity offerings (SEO) and initial public offerings (IPO).

Definitions:

Fresco

A technique of mural painting executed upon freshly laid lime plaster, allowing the paint to become an integral part of the wall.

Lion Gate

The main entrance of the Bronze Age citadel of Mycenae in Greece, famous for its relief sculpture of two lions standing on either side of a column.

Post And Lintel

An architectural system involving the use of two upright posts supporting a horizontal beam or lintel, found in many ancient structures.

Tholos Tombs

Beehive-shaped burial structures made of stone, found in the Mycenaean civilization, used for royal or noble interments.