Answer:
D. An initial deposit
Explanation:
this is because you can withdraw and putin money to your deposit
Answer:
B. personal or social change over time
Based on the situation, that was an example of : Free-Rider problems
Free-rider problems refer to a condition when an individual either consume more than the fair share or pay less than the fair share.
Hope this helps
Answer:
Best effort under writing
Explanation:
In a best effort underwriting, the issuer agrees to pay a stated amount of its securities to the underwriter or the agent for the issuer and the public and also ensures to find the best investor. The issuer on the other promises to pay underwriter a certain amount as fee for providing help in this matter.
Both the issuer and the underwriter can agree to the condition of all or none or a certain minimum percentage underwriting.
This form of underwriting is suitable for small underwriters.
