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DIA [1.3K]
1 year ago
9

Jewelcorp just began trading securities. The company is a closely-held corporation that is not trading stock on a national secur

ities exchange. It has several dozen shareholders and $9 million in assets. Which of the following is true concerning the company’s requirement to report to the SEC?
Law
1 answer:
Tcecarenko [31]1 year ago
4 0

The statement that is is true concerning the company’s requirement to report to the SEC is that they a)Required to report major business developments and must file annual and quarterly financial reports.

<h3>What is sec?</h3>

SEC serves as the organization that protects investors through enforcement of   nation's securities laws,  against wrongdoers, and overseeing our securities markets .

Therefore, option A is correct.

Other options for the question are:

a)Required to report major business developments and must file annual and quarterly financial reports.

b)Not required to report information to the SEC.

c)Requirement to file depends on the company’s assets and shareholder base.

d)Must file annual and quarterly financial reports

Learn more about SEC on:

brainly.com/question/3798508

#SPJ1

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The Tea Act of 1773 eliminated tariffs on tea imported by the India Company, raising the price of foreign tea and so stimulating the local tea industry. Puritan ideas and Neo-classical motifs both impacted Wheatley's poetry.

<h3>What was permitted under the Tea Act of 1773 for the company?</h3>

The Tea Act was enacted by the British Parliament in 1773 in an effort to salvage the struggling business. The law gave the firm permission to export its tea without first landing it in England, straight to the colonies.

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