When the entire issue is underwritten by only one person, his liability will be equal to: (a).
Question:
When the entire issue is underwritten by only one person, his liability will be equal to:
(a). Number of the shares underwritten.
(b). Number of Shares underwritten minus number of shares applied for by the public.
(c). Number of shares applied for by public.
(d). None of the above.
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