Answer: C. inform the company that this is a possible market manipulation under the Securities Exchange Act of 1934
Explanation:
The Securities Exchange Act of 1934 is meant to govern the actions of issuers and their affiliates engaging in trade in the open market. One reason for this is to prevent stock price manipulation.
SEC Act Rule 10b-18 might rule this transaction as a manipulative activity because it goes against the section of it that states that securities cannot be traded within 10 minutes of the stock market closing if that stock is an actively traded one. If it is not then the trade should not be executed within 30 minutes of market close.
The client should therefore be informed that by placing an order 5 minutes before close they could run afoul of this Act because buying such huge amounts at such a time could influence the price upwards for when the market reopens.
Answer:
Total capitalized cost 24,980
Explanation:
The shipping and installation cost are capitalzied as they are cost needed to make the equipment ready to use.
The down payment will be in his full amount as it is done "today".
The the note, which is an annuity will be multiplied by the annuity factor
and the note
down payment: 4,000
shipping charges 2,000
installation 3,500
6,000 annuity x 2.58 = <u> 15,480 </u>
Total capitalized cost 24,980
Answer:
u cant lead people to links ma'am.
Explanation:
Answer:
The correct answer is option b.
Explanation:
Here, when the Juice smoothies does not pay Issac, the selling of fruits is an example of mitigation of damages.
Mitigation of damages can be referred as a contract law under which a victim of breach of law can take actions in order to minimize damages. It means to take any reasonable opportunity possible under the given circumstances to minimize or reduce damages. Though taking extreme actions is not required.
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