Implicit Service Is Also Known as Tangible Service

question 4

True/False

Implicit service is also known as tangible service.

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Definitions:

Subscription Price

The amount a subscriber pays to purchase a new issue of securities.

Market Price

The current offer price at which one can engage in buying or selling an asset or service.

Prospectus

Legal document describing details of the issuing corporation and the proposed offering to potential investors.

Dutch Auction

An auction in which the auctioneer starts with a high asking price which is lowered until some participant is willing to accept the auctioneer's price.