Which of the Following Is False

question 29

Multiple Choice

Which of the following is false?

• A)A secondary stock offering is an offering of newly issued shares by a firm that already has outstanding publicly held shares.
• B)To bring new shares to the market, a corporation must register the new issue with the Securities and Exchange Commission (SEC).
• C)Since 1982, the SEC has allowed corporations to register securities without immediately issuing them through a procedure called shelf registration.
• D)Shelf registration permits a company to register a quantity of securities and sell them over a twenty-year period rather than at the time the shares are registered.

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Definitions:

Volcanic Neck

A steep, typically butte-shaped topographic feature composed of volcanic materials that formed in the conduit within or beneath a volcanic vent and that were more resistant to erosion than surrounding materials.

Batholith

A large mass of intrusive igneous rock, often granite, that has crystallized deep in the Earth's crust.

Oceanic Settings

Environmental conditions pertaining to the ocean, including its physical, chemical, and biological characteristics.

Volcanic Islands

Islands that are formed from the eruption of volcanoes on the ocean floor, often emerging above sea level.