Q-2: In a Spin-off.

1. A brand new company is created from an existing division of a public company and shares are sold through an Initial Public Offering.
2. A separate public company is created and shares are distributed to the parent companys shareholders.
3. A separate public company is created and shares are sold through a public offering
4. A wholly owned division of a public

Q-3: In a Sponsored Spin-off

1. The sponsor collects a commission
2. The sponsor receives shares of the parent company
3. The sponsor usually gets a discount on the price of the shares
4. The sponsor usually gets 51% of the shares

Q-4: Tracking Stocks are

1. Stocks that are tied to the performance of a specific subunit of a parent company.
2. Stocks that are tied to the performance of an industry index related the parent company.
3. Stocks that are tied to the performance of a general market index.
4. All of the above