Answer:
The answer to this question is B: Delivers shares that are borrowed on settlement date
Explanation:
As long as it is a short sale, it simply means it is the sales of borrowed shares. Selling 100 shares of ABC shorts simply implies that at some point, there was speculation of a possible drop in the prices of security, and thus the shares was borrowed from a broker to sell. The intention is to buyback the stock and return to the lender when the price drops.
Answer:
c. Both a and b
Explanation:
Administrative law is focused on both the correctness of procedures that agencies use in exercising their authority AND the totality of executive directives, and constitutional, statutory, and case law.
Tokyo is located near the plate boundaries between the Eurasian, Philippine, and Pacific plates.
Explanation:
Tokyo, the capital of Japan, and biggest city in the world, is located in a highly geologically active area, which is not good by any means, as large scale disaster can struck at any moment. The reason as to why this is such a risky area is that three plates have boundaries and interact between each other, causing all sorts of geological activity.
- The plates that have boundaries here are the Eurasian, Philippine, and Pacific plates.
- The Eurasian plate is continental, while the Philippine and Pacific are oceanic plates.
- Both the Pacific and Philippine plates are subducting below the Eurasian plate, and the Pacific is also subducting below the Philippine plate as well.
- The subduction zones cause intense volcanic activity, emergence of new volcanic islands, oceanic trenches, and multiple earthquakes every day.
