Why Is the NHL Most Commonly Associated with the Idea

question 6

Multiple Choice

Why is the NHL most commonly associated with the idea of a small market franchise?

• A)Canadian franchises pay their players in Canadian,not American,dollars.
• B)Of all professional sports leagues,the NHL has the lowest proportion of Canadian teams.
• C)Each team in the NHL generates greater revenue in terms of broadcasting rights than other leagues' teams.
• D)The NHL is deeply rooted in Canadian identity.

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Definitions:

Securities

Financial instruments that represent some form of financial value such as stocks, bonds, or options, which can be bought and sold.

"Go Public"

The process by which a privately-held company offers its shares for sale to the public for the first time, typically through an initial public offering (IPO).

Red Herring

A prospectus for the sale of a security not yet approved by the SEC. Stamped with the word preliminary in red letters.

Commerce Department

A department of the federal government dedicated to promoting economic growth, supporting business, and managing trade.