The following underwriting took place: A: 5,000 shares B: 3,000 shares C: 2,000 shares In addition, there
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The following underwriting took place:
A: 5,000 shares
B: 3,000 shares
C: 2,000 shares In addition, there was firm underwriting:
A: 1,000 shares
B: 500 shares
C: 1,500 shares
The share issue was for 10,000 shares. Total subscription including firm underwriting was 8,500 shares and the forms included the following marked forms:
A: 2,000 shares
B: 1,000 shares
C: 1,000 shares
Show the allocation of liability of the underwriters.
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