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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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Rank the following types of businesses in order of risk to you, with the highest being number 1: partnership, limited partnershi
kompoz [17]

Answer:

  1. Sole Proprietorship
  2. Partnership
  3. Limited Partnership
  4. Limited Liability Company      

Explanation:

Sole Proprietorship is the type of business in which the liability is not limited. Due to this issue, the owner is solely responsible to pay off the debts of company from his personal owned assets if the business goes bankrupt.

Partnership is just like sole proprietorship but here the partners are the only responsible persons to payoff the debt of the company because the liability is limitless. The burden of the company debts is equally shared among the partners.

Limited Partnership is less risky because the liability is limited and only the amount invested in the business is subjected to the payment of borrowings from the lenders. The limited partner is responsible for his actions which means if his misdeed resulted in fine then it would be paid from his share first and then the other partners are equally liable to for compensation if their is still any amount left.

In the case of Limited liability company, the liability is limited and the burden of the payment of the liability falls on the company. So the investor is not subjected to pay the debts of the company because the limited liability company is a separate entity and is solely liable to pay for its debts.

8 0
3 years ago
When should you include your GPA on your résumé?
Pie
At the end of the resume
4 0
3 years ago
Read 2 more answers
On January 1, Ramirez Supply leased a car for a four-year period, at which time possession of the car will revert back to the le
ohaa [14]

Based on the amount that Ramirez guaranteed the lessor and the estimated residual value, the amount to be added to the right-of-use asset is $1,434.33.

<h3>What amount should be added to the right-of-use asset?</h3>

This would be the present value of the difference between the guaranteed amount and the estimated residual value.

= 42,300 - 40,200

= $2,100

Present value:

= 2,100 / (1 + 10%)⁴

= 1,434.328

= $1,434.33

In conclusion, the right-of-use asset amount to be added is $1,434.33.

Find out more on present value at brainly.com/question/20813161.

#SPJ1

5 0
2 years ago
The type of problem that a consumer will become aware of in the normal course of events or is already aware of is known as a(n)
Keith_Richards [23]

Answer:

<em>The type of problem that a consumer will become aware of in the normal course of events or is already aware of is known as a(n) </em><em><u>active</u></em><em> problem</em>

Explanation:

<em>An </em><em>active </em><em>problem </em><em>is </em><em>one </em><em>co</em><em>n</em><em>sumer </em><em>is </em><em>aware </em><em>of </em><em>or </em><em>will </em><em>become </em><em>aware </em><em>of </em><em>in</em><em> </em><em>the </em><em>normal </em><em>course</em><em> </em><em>of </em><em>event.</em><em> </em>

7 0
2 years ago
Depreciation is a _____, a cost that cannot be affected by any future action.
stiks02 [169]
<span> <span><span>Depreciation is a </span>sunk cost. </span></span>It is the value lost on an asset after consumption. In accounting, depreciation cost qualifies as a sunk cost because it is already lost and cannot be recovered. For that reason, it is correct to ignore depreciation cost when determining the future course of a business.
7 0
3 years ago
Read 2 more answers
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