A new company can offer stocks in an initial public offering

OPTION A:- CORRECT
This is true. The authors conclusion is completely based on the assumption that what is true in the past will hold in the future. meaning that, because its been historically proven that if a company has seem likely to generate profits. The stock of the IPO has risen, if the company seems less likely to generate profits, the stock of the IPO has fallen. The author's conclusion relies solely on this assumption and therefore makes it faulty.

OPTION B:- INCORRECT
Circular in the sense that involving reasoning that uses the argument or proof a conclusion to be proved or one of its unproved consequences. The author's conclusion about the Tenon corporation isn't faulty based on the fact that its line of reasoning is circular because it has been proven and its consequences are well known.

OPTION C:- INCORRECT
The argument has no history of confusing cause with effect, so the author's conclusion isn't based on the faulty reasoning because it confused fact with effect.

OPTION D:- INCORRECT
The argument didn't provide a case to which the counter - example is true, so the author's conclusion can't be based on the fact that it overlooks the counter example because there was non to begin with.

OPTION E:- INCORRECT
The argument has a firm foundation based on its historical achievements which seems to be true, therefore the arguments isn't faulty and can't serve as a faulty ground to which a conclusion is drawn from.