____ Resources Include the Funds Needed to Pay Wages, Purchase

question 230

Multiple Choice

____ resources include the funds needed to pay wages, purchase raw materials, and operate a business.

• A) Human
• B) Financial
• C) Information
• D) Major
• E) Material

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Definitions:

Oversubscription Privilege

A right given to current shareholders to purchase more shares of a new issue before it is offered to the public, usually at a discount.

Standby Privilege

A feature that may accompany preferred shares or bonds, allowing the holder the right to purchase additional shares at a fixed price.

Open Offer

An invitation by a company to its shareholders to purchase additional shares directly from the company at a specified price.

Seasoned Equity Issue

The process by which a company that is already publicly traded issues additional shares to raise new equity capital.