Answer: C. II and III
Explanation:
As the shares were acquired by the officer on the open market, they are considered Control Stock. Sale of Control Stock falls under the purview of Rule 144 of the SEC that governs the sale of restricted, unregistered, and control securities so a Form 144 will need to be filed with the Sec making III correct.
Furthermore, control stock are not subject to a holding period requirement so option II is correct as well. Option C is therefore the best answer.
<u>Answer:</u>Those assets that can’t be touched or seen but that have value are called intangible assets.
<u>Explanation:</u>
Intangible assets are the assets which do not have a physical existence to touch or see. Some of the examples of intangible assets are Goodwill, intellectual property, copyrights, patents etc. These assets are in contrast to physical assets which can be moved , touched or seen examples are land, machinery, building cash etc.
Intangible assets are also considered as the long term assets. Though these assets do not have physical existence they have a value. They also help to improve the value of other assets.
Answer:
The answer is: B) reverse the decision due to the trial judge's legal error.
Explanation:
The judge made a mistake by admitting witness's personal opinions on the accused party, e.g. Stewart is a bad person with no integrity. This type of opinions should not be admitted in court, by doing so, the judge allows the possibility of Stewart appealing the decision and winning the appeal due to this specific legal error.
Answer:
The correct answer is A
Explanation:
Money is an unit of economic which functions as usually recognized medium for the exchange for the purpose of the transactional in the economy. It provides the service for decreasing the transaction cost.
So, money refer to the kind of wealth, which is regularly accepted by the sellers in exchange for the services and the goods.
