This week’s study question from the Solomon Online Exam Simulator question database is now available.
Question (Relevant to the Series 7, Series 24, Series 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.
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