A Public Issue of Bonds Approved by the Board of Directors

question 1

Multiple Choice

A public issue of bonds approved by the board of directors (and shareholders if necessary) can be sold when:

• A) the registration statement has been filed with the OSC and the syndicate is set.
• B) the investment banker's have accepted the offer for sale and have held it for 20 days from announcement.
• C) the registration statement has been filed with the OSC accepted and the 20 day waiting period has elapsed.
• D) the role of the trustee has been determined and an indenture ahs been written and signed.

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Definitions:

Business Communication

The sharing of information between people within and outside an organization that is performed for the commercial benefit of the organization.

Persuasive Request

A written or verbal communication aimed at convincing someone to agree with a suggestion or idea.

Gain Attention

The act of capturing the focus or interest of an audience or individuals.

Opening

The beginning or initial part of something, such as a presentation, document, or event.