Under the Best efforts method, the underwriter sells as many shares as possible but may or may not sell all of the new shares.
The best efforts method is used in the oil and gas industry to account for certain operating expenses sells as many shares as possible. Under the successful efforts method, a company only capitalizes those costs associated with the location of new oil and gas reserves when those reserves have been found.
The term best efforts refers to an agreement made by a service provider to do whatever it takes to fulfill the requirements of a contract. In finance, an underwriter makes a best efforts or good faith promise to the issuer to sell as much of their securities offering as possible. While the two parties come to an agreement for the sale of some securities, the underwriter doesn't guarantee to sell them all.
- Best efforts is a term for a commitment from an underwriter to make their best effort to sell as much as possible of a securities offering.
- It is also a general service agreement term used in place of a firm deliverable commitment.
- The opposite is a firm commitment or bought deal, in which the underwriter buys all shares or debt and has to sell it all to make money.
Learn more about Best efforts method here
brainly.com/question/22372489
#SPJ4
<span>Researchers may be able to obtain the data from the Freedom of Information Act. The Freedom of Information Act allows the general population to ask to see any federal records. Unless the information is a matter of security or privacy (among other things), the agency must provide the information to the individual.</span>
The purpose of using different techniques in measuring or determining the quantities or measures such as densities is that it is important to be able to have basis and to make sure that the value you get is accurate-- even with the two different techniques used. This will help in comparing two variables and to understand whether the values you received are precise and accurate.
Answer:
D) normative control
Explanation:
Normative control is a type of control that is centered on controlling the behavior of individuals by eliciting certain desirable behaviors rather than using a formal rule or policy. Normative control uses the experiences, dispositions, and thoughts of individuals in establishing the standards that is deemed acceptable.
From the illustration given in the question, Curtis uses normative control, as his preference and recruitment of staff is based on certain behaviors and values they possess, which he uses to establish standards he expects them to portray towards customers while on the job. People who are attentive, friendly, and articulate would most likely be easy to train in relating with customers well, as they would naturally not find it difficult to treat customers with respect and courtesy. This form of control is beyond just using writing policy.
