Ready Equipment, Inc

question 47

True/False

Ready Equipment, Inc. authorized and specified in its charter 5,000 shares of stock to be issued. If it later needs to issue stock in excess of 5,000 shares, the charter will have to be amended.

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Definitions:

NYSE Hybrid Market

A trading platform that combines electronic trading and traditional floor trading methods to increase efficiency and flexibility in trades.

Immediate Electronic Execution

A system or process that allows financial transactions to be conducted and completed instantaneously via electronic platforms.

Price Improvement

The potential for a trade to be executed at a better price than what is currently quoted publicly, offering a benefit to the buyer or seller.

Private Equity

Investments in companies whose shares are not publicly traded in a stock market.