Study Question of the Week: May 15, 2013 Edition

This week’s study question from the Solomon Online Exam Simulator question database is now available. Relevant to the Series 7, Series 24, Series 62, Series 79, Series 82. –ANSWER POSTED– Continue reading

This week’s study question from the Solomon Online Exam Simulator question database is now available.

Question (Relevant to the Series 7, Series 24Series 62, Series 79, and Series 82)

Placement agents for private placements almost always engage in a __________ commitment with the issuer.

Answers:

A. firm

B. best efforts

C. shelf

D. primary

Correct Answer: B

Rationale: Placement agents for private placements almost always engage in a best efforts commitment with the issuer.

 

Weekly study questions are from Solomon’s industry-leading Online Exam Simulator.

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