When a Security Bought Through an IPO Is Resold,where Does

question 42

Multiple Choice

When a security bought through an IPO is resold,where does the gain or loss go?

• A) The investor who bought the security
• B) The bank that financed the IPO
• C) Stakeholders with vested interests in the company
• D) The investor who sold the security
• E) The company

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Definitions:

Democide

The murder of any person or people by their government, including genocide, politicide, and mass murder.

Accounting Abuses

refers to the manipulation or misrepresentation of financial records and reports to conceal the actual financial condition or performance of an entity.

Overcharging Clients

The unethical practice of charging clients more than is fair or initially agreed upon for services or goods.

Fee-splitting

The practice of dividing professional fees for services with someone who referred a client or patient, often seen in the medical field.