A. To assume financial responsibility for grantee against failure
B. To sign so as to assume liability in case of specified losses
C. To guarantee the purchase or to agree to buy the unsold part of stock at fixed time and price
D. All of them
Related Mcqs:
- By the way of an underwriter, the sale of a new security is issued to the public a transaction that must be registered with the securities and exchange commission. How is know this process ?
A. Registering
B. Going public
C. Debuting
D. Public offering - Downsizing is______________?
A. to make in a smaller size
B. to make in a actual size
C. to make in a half size
D. None of the above - How is termed the ability to buy ?
A. Purchasing power
B. Income level
C. Gross purchasing power
D. Purchasing power parities (PPP) - Mention the theory of inflation or price increase that results from so-called excess demand ?
A. Demand curve theory
B. Cost-push inflation
C. Demand-pull inflation
D. Demand push inflation - Mention the name for economic theory that the support of business that allows them to flourish will eventually benefit middle- and lower-income people in the form of increased economic activity and reduced unemployment?
A. End benefit
B. Trickle down
C. Free market
D. Capitalism - Market in which forces of demand and supply are not in the control of government is called ?
A. Market Economy
B. Free Market
C. Both of them
D. None of them - What can a government do to increase demand in its economy ?
A. Budget for a surplus
B. Cut taxes
C. Encourage savings
D. Reduce its expenditure - When aggregate supply exceeds aggregate demand ?
A. Business inventory accumulate
B. Unemployment exists
C. Price of consumer goods rise
D. People save more than they intended to save - Beyond any mortgage thereon and liability therein, the residual value of a business or property is called equity. Which of the following are also included by term equity ?
A. The market value of securities less any debt incurred and common stock and preferred stock
B. Funds provided to a business by the sale of stock
C. Both of them
D. None of them - What is the rate of exchange or exchange rate ?
A. Power to buy foreign currency
B. Foreign currency holding
C. Ratio at which unit of one country’s currency is exchanged for unit of another country currency
D. None of them