Private Placements Can Be Advantageous, Compared to Public Issue, Because

question 86

Multiple Choice

Private placements can be advantageous, compared to public issue, because:
I. Private placements are cheaper to market than public issues.
II. Private placements may still be sold to the general public under SEC Rule 144A.
III. Privately placed securities trade on secondary markets.

• A) I only
• B) I and III only
• C) II and III only
• D) I, II, and III

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Definitions:

Hagfishes

Jawless marine fishes belonging to the class Myxini, known for their ability to produce slime as a defense mechanism.

Respiration

The biological process involving the exchange of gases between an organism and its environment, crucial for cellular energy production through the intake of oxygen and release of carbon dioxide.

Waste Excretion

The process by which living organisms eliminate waste products of metabolism and other non-useful materials from their bodies.

Predation

An interaction where one organism, the predator, kills and eats another organism, the prey.