From course:
(Practice similar questions for free)
the sources and uses of finance igcse business L14 M3
» Start this Course(Practice similar questions for free)
Question:
What can the issuing house do
Author: Dakota howellsAnswer:
Put out the statement in lieu of prospectus; receive the applications; handle all the administrative work, and may underwrite the issue. Underwriting is the process by which the issuing house buys the entire share issue from the principle company and re sells them to the public.
0 / 5 Â (0 ratings)
1 answer(s) in total
Author
Dakota howells