Answer:
The answer is D.
Explanation:
Value of cash received is :
10,000 shares x $75
=$750,000
And that's a debit as it is shown in the question because cash was received.
Now the credit side.
Value of preferred stock is $50
So we have:
$50 x 10,000 shares
=$500,000 preferred shares.
Paid-in Capital in Excess of Par ValuePreferred Stock is $25 ($75 -$50)
So the value will be $25 x $10,000
=$250,000
The available options are:
a. duress.
b. undue influence.
c. fraud in the inducement.
d. fraud in the execution.
Answer:
fraud in the inducement.
Explanation:
Inducement is a term that describes an action or undertaking that is used by one party to persuades another party into taking actions that he or she would ordinarily not take.
On the other hand, fraud is a form of pretense or intentional misrepresentation purposely created to acquire gains, mostly in terms of finances.
Hence, in this case, considering the available options, the right is fraud in the inducement.
Answer:
Dutch Auction
Explanation:
The type of auction that is being described is called a Dutch Auction. Like mentioned in the question this is a type of auction in which the buyer initiates the process by submitting a description of the desired product or service, and when selling a high asking price is set and lowered until a participant accepts or the reserve price is met.
Answer: 3 years
Explanation: you can google the question, it will give you the answer, hope this helps!
Answer:
The correct answer is: additional capital to expand her business.
Explanation:
Stock offering implies a company issuing shares to be traded publicly. While it allows firms to get extra funds for research, development of new products or expansion of the business, it also implies the company meeting with several requirements that the exchange where the shares are going to be traded ask for.
