Directions: Identify the Error, If Any, in Each Sentence

question 1

Multiple Choice

Directions: Identify the error, if any, in each sentence. ​ Which of the following sentences is correct? ​

• A)The election was won by the oldest members of the club: no new members were elected.
• B)The election was won by the oldest members of the club; no new members were elected.
• C)The election was won by the oldest members of the club, no new members were elected.

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Definitions:

Winning Bidder

The individual or entity that offers the highest price in a bidding process, such as auctions or competitive tenders.

Seasoned Equity Offering (SEO)

A new equity issue of securities by a company that has previously issued securities to the public.

Underpriced

A term used when a stock or other security is selling for a price that is lower than its apparent or intrinsic value.

IPO

Initial Public Offering, where a company offers shares of itself to the public for the first time to raise capital.