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11 July, 05:13

Most businesses raise money by selling their securities in aSelect one:a. public offering. b. private placement. c. direct placement. d. stock exchange.

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  1. 11 July, 05:40
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    Answer: Public offering

    Explanation: In a public offering the right of ownership in a small portion of the company is made to the general public in form of shares for raising funds to operate different business activities.

    Public offering is done in primary market and the transactions involves only issuing party and the initial investor, whereas in a secondary market transactions are done by existing investors with the intent of capital gains on sale of shares.
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