Lisa is interested in purchasing 1,000 shares of TJH,Inc.when the shares are issued.Her broker just gave Lisa a preliminary prospectus on these shares for her to review as she waits for the shares to be cleared for sale.What is the name of this prospectus?

Question

Quizplus · Accepted Answer

The preliminary prospectus given to Lisa by her broker is known as a red herring prospectus. This document contains all relevant information about the shares, including risks and financial information, but is still subject to change before the shares are actually issued.

Lisa Is Interested in Purchasing 1,000 Shares of TJH,Inc