if an offerer offers in writing to buy back a securities issue that was inadvertently sold in the State at original cost plus interest paid at the legal rate in the State (6%), plus any attorney's or court costs (net of any dividends or interest received by the holder), buyers of the issue have 30 days to accept the
<h3>What is
securities?</h3>
A security is a financial asset that may be traded. The phrase is often used to refer to any type of financial instrument, however its legal definition differs depending on jurisdiction.
Securities are financial instruments that are issued in order to raise capital. The primary function of the securities markets is to allow capital to move from those who have it to those who need it. The securities market facilitates the movement of resources from individuals with idle resources to those with a productive need for them.
An IPO or other type of securities offering signifies a single investment or fundraising round. An offering, unlike other rounds (such as seed or angel rounds), involves selling stocks, bonds, or other securities to investors in order to raise funds.
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1 ).which of the following is the term for day-to-day and long-term tasks you are assinged to complete?
Job responsibilities.
2 ). why is career planing important?
It can help you narrow down your options and get the training you need.
3 ). which statement was true in the past, but not generally true today?
Young people tend to go into the job that their parents and grandparents did.
4 ). which of the following statements is accurate?
People with the same job title may perform different duties.
5 ). which of these principles would be most helpful to a young person deciding on a career?
A realistic assessment of your abilities and interests will help you find an appropriate career.
Electronic banking provides safety of your money, and allows you to monitor transactions.
Answer: to increase interest rates which reduced aggregate demand.
Explanation:
Since the money supply was contracted to reduce the rate of inflation, this will lead to increase interest rates which reduced aggregate demand.
In this case as a result of the increase in the interest rate, people will prefer to save their money in the banks and thus will result in less money in circulation which ultimately reduces the demand for goods and services.
