Rules for Day-To-Day Operation That Are Established So That Laws

question 24

Multiple Choice

Rules for day-to-day operation that are established so that laws can be carried out are called ____.

• A)legislation
• B)bills
• C) appropriations
• D) regulations

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Definitions:

Corporation

A legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Corporations can enter contracts, sue and be sued, and pay taxes apart from their owners.

Secondary Market

The marketplace where investors buy and sell securities they already own, as opposed to the primary market where securities are first issued.

Private Placement

The sale of securities directly to institutional investors or individuals, bypassing the public markets.

IPO

Initial Public Offering, the process by which a private company offers its shares to the public for the first time.