Question

QUESTION 39

An initial public offering is best defined as:

a.

Laws and regulations designed to protect the investing public.

b.

Judicial opinions released to the investing public which address security-related issues.

c.

The sale of securities directly from a corporation to the investing public.

.

d. A description of goods or services which are marketed by a corporation.

QUESTION 40

An entity's ________ is determined by examining the appropriate product or service and the appropriate geographic area.

		a. Relevant market
		b. Scope of employment
		c. Anti-competitive behavior
		d. Price discrimination

Answer 1

39.

An initial public offering is best defined as:
Laws and regulations designed to protect the investing public.
Judicial opinions released to the investing public which address security-related issues.
The sale of securities directly from a corporation to the investing public.	Ans C	As its offered to be traded for general public to raise capital
d. A description of goods or services which are marketed by a corporation.

Option C

40.

An entity's ________ is determined by examining the appropriate product or service and the appropriate geographic area.
a. Relevant market	Ans A	As area, product and services give an indication of the market it is operating in
b. Scope of employment
c. Anti-competitive behavior
d. Price discrimination

Option A