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NEW QUESTION: 1
In a securities underwriting a participating firm is said to be liable severally but not jointly.
What is this type of underwriting is called?
A. a best efforts offering
B. an Eastern account
C. a Western account
D. an all or none offering
Explanation: a Western account. In a Western account each underwriter has a divided liability and is responsible only for his portion of the issue. In Eastern accounts, generally used for municipal issues, the underwriter is responsible for a percentage of any unsold portion. This is called an undivided liability.
NEW QUESTION: 2
NEW QUESTION: 3
Which option lists the cloud deployment model types?
A. Public, private, mobile and community
B. Hybrid, public, shared and mobile
C. Public, private, hybrid and community
D. Hybrid, community, mobile and service