Hottie Potatee,Inc.wants to raise an undisclosed amount of funds in order to expand the company-owned potato bar stores overseas.The CFO Chief Financial Officer)of the company will negotiate with an expert at the FTC Federal Trade Commission)who will underwrite the issue of stock that Hottie Potatee plans to offer.

Question

Quizplus · Accepted Answer

The FTC is not involved in underwriting the issue of stock. A more appropriate organization for this role would be an investment bank or securities firm.