Answer:
A firm commitment arrangement with an investment banker occurs when an investment banker buys the securities for less than the offering price and accepts the risk of not being able to sell them.
The correct option is B.
Explanation:
A firm commitment arrangement happens when an investment banker buys the securities for less than the offering price and accepts the risk of not being able to sell them.
However, the issuer receives a little less money than the offering price but he gets a specific amount for all the security being issued. The risk rests completely on the investment banker.
Therefore, the correct option is B.
The true statement out of all is
B) Georgeland has both an absolute and a comparative advantage in producing clothing.
Explanation:
This is because Absolute advantage is when one firm or a producer is able to produce more of a product using less resources or less time or more of the product in the same resources or same time as the other.
Comparative advantage is found out at the added bonus of having the product be as viable as it is advantageous which means that the producer could also be making another product and would have the advantage in that too so either one of them is equally profitable.
Answer:
A. Secondary markets sell old issues of securities.
Explanation:
The primary market is one in which the securities of a new issuance of the company are traded directly between the company and the investors. Securities and shares traded in the primary market may have long maturities. If the holder wants to renegotiate this type of security, he or she may resort to the secondary market.
The secondary market is where investors trade and transfer among themselves the securities that were issued by companies in the primary market, ie, where old securities are traded. It is an environment created to provide liquidity to securities issued in the primary market.
Well you should definitely do some appetizers. Try jalapeno poppers or mozzarella sticks.
You can't go wrong with cheese <span />
The term “Global Economy” is a term that refers to all of the economies of the world.
Sometimes this phrase is also used to discuss the international economy, or all economies around the world, and refers to how interdependent different countries economies are on each other.
