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In a best efforts distribution of a new non-exempt issue, a broker/dealer:
A. agrees to buy the issue at a specified price
B. acts as an agent for the issuer
C. is not required to use an offering circular or prospectus
D. may allow a selling concession to a bank or trust company
Answer: B
Explanation:
acts as an agent for the issuer. In a best efforts offering the investment banker acts as an
agent for the issuer and makes no guarantee about selling the securities.
Given a WiFi deployment using the 2.4GHz band, which of the following channels are the BEST for multiple mobile channel access deployment?
A. 1, 2, 3
B. 3, 5, 7
C. 1, 6, 11
D. 36, 40, 44
Answer: C
What reduces the planning and control effort needed, the number of items required, and the inventory that has to be carried?
A. Standardization
B. Periodic review
C. Design and specification
D. Value-added scheme
Answer: A
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