Asked by Kayla Driffin on Jun 07, 2024
Verified
Jazz Inc. makes and markets music. The company wants to make an initial public offering of securities via the Internet. Most likely, this offering
A) can avoid high costs and complicated procedures.
B) is an attempt to deceive and manipulate investors.
C) is a way for investors to fairly break the rules.
D) will result in higher expenses and extended oversight.
Initial Public Offering
The first sale of a company's shares to the public, leading to a public listing on a stock exchange.
Internet
A vast network of computers globally connected that facilitates data exchange and communication.
- Acquire knowledge about the mandates for public companies governed by the Securities Act of 1933 and the Securities Exchange Act of 1934.
Verified Answer
RN
Rashaylin NaidooJun 08, 2024
Final Answer :
A
Explanation :
Offering securities via the Internet can help a company like Jazz Inc. reduce the costs and complexity typically associated with traditional methods of going public, such as underwriter fees and extensive paperwork.
Learning Objectives
- Acquire knowledge about the mandates for public companies governed by the Securities Act of 1933 and the Securities Exchange Act of 1934.