1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nydimaria [60]
3 years ago
6

Eddie, an accountant for fresh dairy, inc., learns of undisclosed company plans to market a new smooth-tasting, fat-free butter.

eddie buys 10,000 shares of fresh dairy stock. he reveals the company plans to giselle, who buys 5,000 shares. giselle tells hong, who tells irwin, each of whom buy 1,000 shares. they know that giselle got her information from eddie. when fresh dairy publicly announces its new product, eddie, giselle, hong, and irwin sell their stock for a profit. refer to fact pattern 42-2a. if eddie is liable under the securities exchange act of 1934, it will be because the information on which he based his purchase of fresh dairy stock was
a. not yet public.

b. not material.

c. a forward-looking forecast.

d. not yet true.
Business
1 answer:
podryga [215]3 years ago
6 0
Refer to Fact Pattern 42-2A. If Eddie is liable under the Securities Exchange Act of 1934, it will be because the information on which he based his purchase of Fresh Dairy stock was <span><u>not yet public.</u>
</span>
Section 12 of the Securities Exchange Act of 1934. Section 16(b) of the act covers <span>the short-swing activities of Orbital's insiders.</span>
You might be interested in
Helpp please 10 points!<br><br> 2. What are Internal and external factors.
Sindrei [870]
Hope that helps! If you look it up it's all online!

4 0
3 years ago
Find salary expense for March , July and December .
spin [16.1K]

previously answered this question

6 0
3 years ago
those making more than $200,000 are the primary beneficiaries of the home mortgage interest deduction.
netineya [11]

Answer:true

Explanation:

4 0
1 year ago
If the demand for an item increases,what effect will it have an price and quantity? A) price will increase and quantity increas.
vodka [1.7K]

Answer:

A) price will increase and quantity increase.

Explanation:

An increase in demand means more customers are willing and can afford to buy a product. Holding the other factors constant, an increase in demand results in many potential buyers chasing very few goods. The competition for the few goods leads to an increase in their prices. The equilibrium point moves up the graph to a new higher position as a result of an increase in demand.

As per the law of supply, quantity supplied increases as prices rise. Profit motives drive all business establishments. As prices increase due to increased demand, suppliers will be motivated to supply more to take advantage of high prices.

6 0
3 years ago
Question 13 of 20 : Select the best answer for the question. 13. The document a caterer uses to stipulate the terms, conditions,
iVinArrow [24]
The document a caterer uses to stipulate the terms, conditions, and contents of the services he or she will provide each client is called the A.) CLIENT AGREEMENT.

Client Agreement is a contract between the client and the contractor. Both parties will sign on the written client agreement contract and both are held accountable on the terms and conditions specified in the contract.
8 0
3 years ago
Other questions:
  • Which luxury brand shares its name with the french explorer who is credited with naming canada?
    11·1 answer
  • Globalization is allowing countries to _________ many of their employers, particularly those in labor intensive, low paying indu
    5·2 answers
  • A 12-month insurance policy was purchased on Dec. 1 for $3,600 and the Prepaid insurance account was increased for the payment.
    12·1 answer
  • The improper payments made by APC occurred during the time frame that Andrea Jung served as Avon's CEO. Was she "responsible" fo
    10·1 answer
  • Farmers Produce Inc. and Growers Market enter into a contract for the delivery of vegetables. Some of the produce spoils before
    13·1 answer
  • Explain why it would not be unusual to observe an individual who earns more than​ $100,000, but it would be highly unusual to ob
    9·1 answer
  • What is the majority of our federal budget devoted to? (What
    10·1 answer
  • The principal-agent problem arises when ________.
    7·1 answer
  • What term describes a ban or restriction on trade with another country?
    10·2 answers
  • A company is a devout follower of Confucian ethics. Hence, it hires people who live by similar principles. What is most likely t
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!