When a Company Sells an Entire Issue of Securities to a Small

question 13

Multiple Choice

When a company sells an entire issue of securities to a small group of institutional investors like life insurance companies, pension funds, and so forth, it is called a(an)

• A)rights offering.
• B)general art offering.
• C)private placement.
• D)unseasoned issue.

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Definitions:

Male Head of Household

Traditionally refers to the male family member responsible for the financial support and decision-making within the household.

Franklin Delano Roosevelt

The 32nd President of the United States (1933-1945), he led the country through the Great Depression and World War II, and is known for his New Deal policy.

Civil Rights

The rights of citizens to political and social freedom and equality, often protected by law.

1930s

A decade characterized by the Great Depression, which had a profound impact on the world economy, social conditions, and the political landscape.