Author Question: An investment banker's main responsibility is to help firms work out the financial details of ... (Read 91 times)

maychende · **on:** Jul 14, 2018

An investment banker's main responsibility is to help firms work out the financial details of issuing new securities before a public offering. This can include assisting the firm with the planning and market assessment phase, providing assistance with SEC details, and deciding whether to sell the stock via a firm commitment or a best efforts approach.

Indicate whether the statement is true or false

Question 2

Maurice and Stanley have sold stock to eight of their friends and have enough money to expand the business and to open another store. During a shareholders' meeting, Maurice, Stanley, and the eight other shareholders unanimously agreed that it would be better to pass through the company's profits and losses like a partnership. All of the shareholders are individuals and United States citizens. The shareholders could vote to change the corporation into a(n)
A) S-corporation.
B) limited liability company.
C) alien corporation.
D) foreign corporation.