Answer:
C) is guilty of selling away
Explanation:
In the case when the securities are sold so the agents are prohibited from the transactions that are not recorded in the books of broker-dealer until there are authorized transactions in writing via the broker- dealer before to execution. If this cannot be happen so we called it as selling away
also the notification receipt would not be similar as the authorization
Therefore the option c is correct
<h3>International trade raises the standard of living in all trading countries.
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Explanation:
International trade is an inter country exchange of goods and services. Globally, exporting offers people and countries the ability to be exposed to goods and services that are not available in their nations, or that would cost more domestically.
Global trade allows countries to make more effective use of their resources–whether labor, technology or money. International trade usually enables countries to concentrate on those markets in which they can be most competitive and effective. In this way, international trade generally raises the standard of living of both producers and consumers.
Answer:
SCC won't pay any tax
Explanation:
Their loss of $30,000 in year 1 will be unused and made available to counterbalance the total generated earnings in year 2.
The $20,000 earnings in year 2 can be used to counterbalance the whole taxable income; so, SCC will not pay pay tax. SCC will have a ($10,000) loss carryover available for year 3 and beyond
