"In corporate underwritings, if there are unfilled orders placed by a syndicate member that has completed its participation; and

Question

3 years ago

7

"In corporate underwritings, if there are unfilled orders placed by a syndicate member that has completed its participation; and

securities remain unsold in the syndicate account; then these orders will be filled and the syndicate member placing the order will earn the:"

Business

1 answer:

pychu [463] · Answer 1 · 2022-09-04T03:30:16+03:00

Answer:

B. selling concession

Explanation:

Since in the question it is mentioned that if there are orders that are not filled and placed by syndicate member also the securities are not sold so the orders could be filled or sold and the member of syndicate placed the order so he earned the concession as he sold the securities of the syndicate

Therefore it is a selling concession situation

Hence, the correct option is B. selling concession