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Author Question: Recently, Hale Corporation, a public company, announced the sale of4.5 million newly issued common ... (Read 215 times)

kled

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on: Aug 7, 2023

Question 1

In which type of organization do all partners enjoy limited liabilityregardingnegligence and potential losses limited to their investment in the partnership?

◦

limited liabilitypartnership(LLP)


◦

income trust


◦

sole proprietorship


◦

generalpartnership



Question 2

Recently, Hale Corporation, a public company, announced the sale of4.5 million newly issued common shares at a price of $32per share. Hale sold the stock to an investment banker, which in turn sold it to individual and institutional investors. What is the name of the market for this transaction?

◦

privatemarket


◦

primarymarket


◦

IPOmarket


◦

secondarymarket

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Marked as best answer by kled on Aug 7, 2023

annaelena92

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Reply #1 on: Aug 7, 2023
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kled

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Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review

bassamabas

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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