A Prospectus Is a Document Describing a New Security Issue

question 3

True/False

A prospectus is a document describing a new security issue and the issuing company.

---

Definitions:

Insurer

An entity that provides insurance, promising to cover a specific set of risks in exchange for a premium.

Implied Warranty

A legal guarantee that the product sold will be of satisfactory quality and fit for purpose, even if not explicitly stated.

Possession

The state of having in one's control or owning something.

Landlord's Lien

A legal right granted to landlords to claim tenants' personal property to recover unpaid rent or damages.