When a Corporation Sells Stock to the General Public for the First

question 1

Multiple Choice

When a corporation sells stock to the general public for the first time,it is referred to as a/an:

• A)primary market opportunity.
• B)secondary market offering.
• C)initial public offering.
• D)investment bank offering.
• E)primary stockholder opportunity.

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Definitions:

Alger Hiss

A former U.S. government official who was accused of being a Soviet spy in 1948 and convicted of perjury in connection with this charge.

Julius Rosenberg

An American who, along with his wife Ethel, was convicted of espionage for the Soviet Union and executed in 1953, in a case that remains controversial.

Ethel Rosenberg

An American woman who, with her husband Julius Rosenberg, was convicted of espionage for allegedly passing atomic secrets to the Soviet Union during the Cold War.

Truman Doctrine

A United States policy, established in 1947, aimed at containing the spread of communism beginning with aid to Greece and Turkey.