http://www.albion.com/netiquette/corerules.html

Solution:
Answer 1: The process of listing a firm's shares for the first time on stock exchanges and of being a public corporation by issuing stock to the general public is known as an initial public offering (IPO).
Initial public offerings will involve the issuance of stock following the appointment of the underwriter who would also determine the company's value and advise management on the price of initial public offering so that management can issue the shares at the suggested price and there will be subscribers for all those shares in the main markets. An underwriting contract is formed between the organization and the underwriter(s).The IPO documents and formalities are completed by the company. The corporation then begins its marketing activities for the stock offering. Market research is conducted by underwriters and investment specialists, who determine the share price. The corporation...