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Anit [1.1K]
4 years ago
12

A municipal issuer official has lost her re-election campaign and has just left elected office. She is soliciting political cont

ributions in a "clean-up" campaign to settle her campaign debt. Which statement is TRUE about an MFP that wishes to contribute $500 to the "clean-up" campaign?
Business
1 answer:
Sindrei [870]4 years ago
5 0

Answer: Because the issuer official no longer holds elected office, the contribution limits of Rule G-37 do not apply.

Explanation:

Rule G-37 is a way to ensure that Municipal Issuers are not unduly influenced by those who donated to their campaigns to get into a position to become Municipal Issuers.

It prohibites for 2 years, Municipal Finance Professionals (MFP) amongst others from engaging in municipal securities business with a Municipal issuer.

An exception however, is that if the MFP is entitled to a vote for the Official in question, they can donate no more than $250 per election.

Seeing as the Municipal Issuer Officer has lost her position, the MFP need not worry about this $250 limit as it no longer applies to her. The MFP is free to donate $500 to the "clean-up" campaign.

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When categorizing investments for the financial account component of the balance of payments the ________ is an investment where
boyakko [2]

Answer:

The answer is B.Portfolio Investment and direct Investment.

Explanation:

Portfolio Investments are investments made in a group of assets (equity, debt, mutual funds, derivatives or even bitcoins) instead of a single asset with the objective of earning returns is commensurate with the risk profile of the investor.

Direct Investment commonly referred to as foreign direct investment (FDI), refers to an investment in a foreign business enterprise designed to acquire a controlling interest in this enterprise.

7 0
3 years ago
Teri, Doug, and Brian are partners with capital balances of $20,000, $30,000, and $50,000, respectively. They share income and l
mixer [17]

Answer:

$20,000

Explanation:

For computing the Doug withdrawal amount, first, we have to compute the net income or net loss which is shown below:

Net income/loss = Revenue - expense

                           = $350,000 - $380,000

                            = -$30,000

Now Doug share in net loss = Net loss × (his share ÷ total share)

                                               =  - $30,000 × (2 ÷ 6)

                                               =  - $10,000

We knew that the Doug capital is $30,000 and his share in loss is $10,000

So, its withdrawal amount = $30,000 - $10,000 = $20,000

                   

7 0
4 years ago
Assume cereal and milk are complements for most consumers. Use the slider to show what will happen to the demand for cereal if t
professor190 [17]
It will go up because the milk is cheaper and they will buy what goes with it because they are complements ( milk and cereal ) this leads people to buy what goes with it so more cereal will be bought
7 0
3 years ago
TRUE OR FALSE: Take-home pay minus total living expenses equals money available for savings and investment
Alik [6]

Answer:

TRUE

Explanation:

Take-home pay is the gross pay minus all deductions. Deductions include statutory and voluntary deductions. Take home is the money that gets to the employee's bank account.

In most households saving and investment are done after meeting the basic expenses. In other words, people will save or invest after meeting their basic needs. Therefore, take home minus total expenses necessary for life is saving and investment

7 0
3 years ago
Which of the following is not a good guideline to follow regarding the use of handouts?
masha68 [24]

Answer: C. Use a mix of serif and sans serif fonts for the text.

Explanation:

The good guideline to follow regarding the use of handouts are making sure that all elements are aligned appropriately with other elements, never distribute a handout after the beginning of a presentation and by making sure that the handouts have an obvious front door and clear pathway.

The option about using a mix of serif and sans serif fonts for the text is not good. This is because the preferred font is usually Times New Roman.

5 0
3 years ago
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