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In a best efforts distribution of a new non-exempt issue, a broker/dealer:
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B. acts as an agent for the issuer
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Answer: B
Explanation:
Explanation/Reference:
Explanation: acts as an agent for the issuer. In a best efforts offering the investment banker acts as an agent for the issuer and makes no guarantee about selling the securities.
NEW QUESTION: 2
A company must copy customer account data changes from a Common Data Service (CDS) instance into an external system.
Azure Storage Queues are used to pass the changes from CDS to the external system.
You have the following code. (Line numbers are included for reference only.)
For each of the following statements, select Yes if the statement is true. Otherwise, select No.
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Answer:
Explanation:
NEW QUESTION: 3
COMMISERATE : SYMPATHY
A. discuss : admiration
B. free : coercion
C. revere : devotion
D. confide : suspicion
E. surrender: hostility
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