Question

Q20.______________ undertake to buy the shares if these are not subscribed by the public. They receive a ____________ for under writing the issue. *

Brokers, fees
Underwriters, fees
Bankers, commission
Underwriters, commission

Answer 1

#HEY MATE#

Here is your Answer.

Q20. Underwriters undertake to buy the shares if these are not subscribed by the public. They receive a commission for under writing the issue.

Thank you. (≧∇≦)/