One Characteristic of Share Privatizations Is

question 73

Multiple Choice

One characteristic of share privatizations is

• A) that they are generally much larger than the IPOs of their private-sector counterparts.
• B) that they are generally much smaller than the IPOs of their private-sector counterparts.
• C) that the decision to privatize is made solely on economic grounds.
• D) none of the above.

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Definitions:

Subcontractors

Individuals or companies hired by a primary contractor to perform specific tasks or services as part of a larger project.

Materialmen

Suppliers or vendors of materials, especially in the construction industry, who may have legal rights such as liens against the property they supply materials for.

Foreclosure by Action and Sale

A legal process where a creditor seeks to recover the balance of a loan from a borrower who has stopped making payments by forcing the sale of the asset used as the collateral for the loan.

Surplus

The amount by which revenue exceeds expenses in financial accounting, or in terms of inventory, more than what is needed.