When a corporation sells stock to the general public for the first time,it is referred to as a:
A)primary market opportunity.
B)secondary market offering.
C)initial public offering.
D)investment bank offering.
E)primary stockholder opportunity.

Question

Quizplus · Accepted Answer

An Initial Public Offering (IPO) is the process by which a private company goes public by selling its stocks to the general public for the first time.

When a Corporation Sells Stock to the General Public for the First