Question

Blue Ice Inc. is an American corporation. The company started out as a partnership between Nick Selver and Rita Andrew in 1985. In 2001, the partners decided to incorporate their company so they could sell company stock on the stock market . Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.

Answer 1

Blue Ice Inc. is an American corporation. The company started out as a Partnership between Nick Selver and Rita Andrew in 1985. In 2001, the partners  decided to incorporate  their company so they could sell company stock on the Stock Market. Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.

What is partnership?

Partnership is a form of business carried out by two or more parties or people in which both parties involve in the partnership business must agreed to the terms and condition of the partnership and must as well share their profit equally.

Hence, Blue Ice Inc. is an American corporation. The company started out as a Partnership between Nick Selver and Rita Andrew in 1985. In 2001, the partners  decided to incorporate  their company so they could sell company stock on the Stock Market. Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.

Learn more about partnership here:brainly.com/question/14034519

#SPJ1