**Please provide new ans*** Why would a company choose to classify a security as “trading” rather than “available for sale”? Who would be responsible for determining the classification?
**Please provide new ans*** Why would a company choose to classify a security as “trading” rather than “available for sale”? Who would be responsible for determining the classification?
Chapter8: Securities Law Considerations When Obtaining Venture Financing
Section: Chapter Questions
Problem 23DQ
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***Please provide new ans***
Why would a company choose to classify a security as “trading” rather than “available for sale”? Who would be responsible for determining the classification?
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