All of the following are ways that securities are offered to the public in a public offering EXCEPT:
A)Securities are sold through competitive bidding
B)Securities are sold through negotiated underwriting to a purchasing syndicate
C)Securities are sold through excess-market pricing
D)Securities are sold on a best efforts basis

Question

Quizplus · Accepted Answer

Public offerings can be made through competitive bidding, negotiated underwriting to a purchasing syndicate or on a best efforts basis. However, excess-market pricing is not a method used in public offerings.

All of the Following Are Ways That Securities Are Offered