An Initial Public Offering Occurs Anytime That a Corporation Sells

question 117

True/False

An initial public offering occurs anytime that a corporation sells stock to the general public.

---

Definitions:

Accounting

The systematic recording, reporting, and analysis of financial transactions of a business.

Aromatic Molecules

Organic compounds characterized by the presence of one or more benzene rings.

AntiAromatic

Compounds that are cyclic, conjugated, but do not follow Huckel's rule, resulting in instability and lack of aromatic character.

NonAromatic

A compound that does not contain a cyclic, planar ring with a delocalized π-electron system typical of aromatic compounds.