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coldgirl [10]
3 years ago
6

Securities Exchange Act Rule 10b-5 liability attaches to anyone who trades in securities for personal profit using confidential

information misappropriated in a breach of fiduciary duty owed to the source of the information.True / False.
Business
1 answer:
Wittaler [7]3 years ago
7 0

Answer:

True

Explanation:

The Security Exchange Act Rule 10b-5 says that the insider dealing is not allowed because it waives off the trust of the shareholders placed on the corporations. This means if their agents are not trustworthy then nobody is going to invest in the companies which means the corporations that are fulfilling needs of more than 50% of the world would have no existence in future because their is no one who is going to lend them money. So the act says that this insider dealing which enables the employees or directors of the company to gain undue advantage due to their access to management information is not allowed and is unethical stance of the agents.

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Less popular open source products are not likely to attract the community of users and contributors necessary to help improve th
daser333 [38]

Less popular open source products are not likely to attract the community of users and contributors necessary to help improve these products over time. This situation reiterates the belief that network effects are a key to success.

<h3>What are Network Effects?</h3>
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6 0
1 year ago
Which form of mass media was developed from a defense department project?
Kazeer [188]
The internet was the form of mass media developed from a defense department project
5 0
3 years ago
Read 2 more answers
Who's ultimately responsible for determining the role a licensee is expected to play in any transaction?
Nesterboy [21]

The broker of record is ultimately responsible for determining the role a licensee is expected to play in any transaction.

When an insurance company pays an agent a monthly commission to manage and represent a policyholder's insurance policy, that agent is known as a broker of record. Two parts of this position include liaison work for the policyholder and communication.

A broker of record in the context of insurance is an agent chosen by the policyholder to represent and administer the policy. All correspondence to the policyholder may be copied by the broker of record, who may also accept quotations, policies, and notices on the policyholder's behalf. One of the most potent and frequently misused legal documents in the insurance sector is the Broker of Record (BOR) letter. Unfortunately, a lot of unethical brokers get uninsured people to sign this.

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6 0
1 year ago
Parido Corporation has two manufacturing departments--Casting and Assembly. The company used the following data at the beginning
Ivan

Answer:

Allocated MOH= $26,372

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total fixed overhead= 48,200

Total variable overhead= (1.9*8,000) + (3*2,000)= $21,200

Predetermined manufacturing overhead rate= (48,200 + 21,200) / 10,000

Predetermined manufacturing overhead rate= $6.94 per machine hour

<u>Now, we can allocate overhead to Job H:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 6.94*(2,600 + 1,200)

Allocated MOH= $26,372

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3 years ago
In may 1991, car and driver described a jaguar that sold for 980,000 dollars. suppose that at that price only
Andrej [43]
<span>The consumer surplus is $9,237,704,920</span>
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