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faust18 [17]
3 years ago
12

"Which of the following statements are TRUE regarding the rights agent? I The rights agent usually handles the mechanics of a ri

ghts offering II The rights agent is usually the existing transfer agent of the issuer III The rights agent issues the additional shares upon presentation of the rights certificates with payment"
Business
1 answer:
nataly862011 [7]3 years ago
5 0

Answer:

I, II, and III

I The rights agent usually handles the mechanics of a rights offering

II The rights agent is usually the existing transfer agent of the issuer

III The rights agent issues the additional shares upon presentation of the rights certificates with payment

Explanation:

Aright is defined as an offering to existing shareholders to purchase more shares. Usually there is a proportion of original shares the shareholder can now purchase. For example 1 to 5 shares means the shareholder can buy one share for every 5 old shares owned.

A rights agent is a person or entity that is responsible for maintaining records on behalf of rights holders.

When rights are issued, a rights agent is handles sales to shareholders, he is usually the initial transfer agent for the issuing company, and he issues the additional shares when payment and rights certificates are presented.

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There are many free clinics and Medicaids in many different cities and states, which could help people to avail medical treatment at considerably cheaper prices.

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3 years ago
When corruption is evident in governments the result is that
valentinak56 [21]

Answer: Industries have more difficulty opening since they will have to resort to bribes from government people.

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3 years ago
Difference between sole proprietorship and independent contractor
wariber [46]

Answer:

Explanation:

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A sole proprietor is responsible for decision making process of his business and also bears the burden of profit, loss and tax alone.

WHILE

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8 0
3 years ago
Breaking rules at a factory could mean all of the following, except
Margaret [11]
Breaking rules at a factory could mean all of the following except demotion.
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A company paid $43,800 plus a broker's fee of $675 to acquire 7% bonds with a $46,000 maturity value. the company intends to hol
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When the bonds will mature, the company will receive, maturity value plus the interest earned on the bonds.

The maturity value will be the par value, as nothing is given, the bonds are redeemed at par value i.e. $ 46,000.

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Interest Income = 7 % * $ 46,000 = $ 3,220

Thus, the total cash proceeds = $ 46,000 + $ 3,220 = $ 49,220

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3 years ago
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