In general, the best time to buy stocks is when the overall stock market is at a peak. TRUE/FALSE

Authorized shares of stock minus Treasury shares = Outstanding shares of stock for a company. TRUE/FALSE

A merger is a combination of two firms into one, with the acquirer assuming assets and liabilities of the target firm. TRUE/FALSE

When assisting a firm sell its initial public offering (IPO) of shares, an underwriter will often buy all the shares in the IPO. TRUE/FALSE