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What is the name for an exception included in a prospectus that allows an underwriter to cancel an offering, without penalty, if certain conditions are
What is the name for an exception included in a prospectus that allows an underwriter to cancel an offering, without penalty, if certain conditions are met?
A) Cancellation clause
B) Market-Out clause
C) Exemption clause
D) There is no exception for an underwriter to cancel an offering once the due diligence report is accepted by the issuer
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