Identify and State the Historical Significance of the Following

question 96

Short Answer

Identify and state the historical significance of the following:
-Federal Housing Administration

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Definitions:

Market Value

The estimated amount for which an asset or service would trade in the marketplace at a given time.

Promoter

A person who participates in the initial setting up of a corporation or who assists the corporation in making a public share offering.

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; corporations can own assets, incur liabilities, and conduct business.

Public Share

Equity in a company that is available for trading by the general public on a stock exchange.