Trendy Fashions is a national chain of clothing stores that is offering its stock to the public for the first time. What does this scenario best describe?

Name: Trendy Fashions is a national chain of clothing stores that is offering its stock to the public for the first time. What does this scenario best describe?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This scenario describes an initial public offering, which occurs when a company offers its stock to the public for the very first time.

Trendy Fashions Is a National Chain of Clothing Stores That