3 What is the key factor that distinguishes an offer for sale from an offer for subscription a An offer for subscription is only made through intermediaries b An offer for subscription is always at a lower price c An offer for subscription is only partially underwritten d An offer for subscription is only made to existing shareholders

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3- What is the key factor that distinguishes an offer for sale from an offer for subscription? a. An offer for subscription is only made

3- What is the key factor that distinguishes an offer for sale from an offer for subscription?

An offer for subscription is only made through intermediaries.

An offer for subscription is always at a lower price.

An offer for subscription is only partially underwritten.

An offer for subscription is only made to existing shareholders.

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