The Main Advantages for a Firm in Going Public Are

question 86

True/False

The main advantages for a firm in going public are greater liquidity and better access to capital.

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Definitions:

Illegal

Activities or actions that are prohibited by law and subject to penalties or punishment.

Majority

The condition or state of being greater in number, amount, or part; often refers to the age at which a person acquires full legal rights, or to a voting group having more than half the votes.

Ratified

Formally approved or confirmed, often in the context of agreements or treaties.

Binding

A term describing an agreement or contract that is legally enforceable and must be adhered to by all parties involved.