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 called a "red herring" prospectus. This document includes preliminary information about the company and its shares for potential investors to review before the shares are cleared for sale.

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