A(n)_____ is a written offer to sell securities,describing the business and operations of the issuer,listing its officers,providing financial information,disclosing pending litigation,and stating the proposed use of funds from the sale.
A)annual report
B)prospectus
C)securities plan
D)initial public offering

Question

Quizplus · Accepted Answer

A prospectus is a document that companies must provide to potential investors, detailing the investment offering, business model, financials, risks, and plans for the raised funds, which matches the description given.

A(n)_____ Is a Written Offer to Sell Securities,describing the Business