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eimsori [14]
3 years ago
12

Section 16(b) of the 1934 Securities Exchange Act _____

Business
1 answer:
tino4ka555 [31]3 years ago
8 0

Answer:

Section 16(b) of the 1934 Securities Exchange Act provides for recapture by the corporation of all profits realized by an insider from the purchase or sale of corporate stock within a 6 month period.

Explanation:

This section of the 1934 Securities Exchange Act was put in place to uphold fairness and equity in the financial markets. Without its provision, insiders could advantage of privileged information and exploit it for personal gain.

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The largest cattle rancher in a given region will be unable to have a __________ when sufficient numbers of smaller cattle ranch
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3 years ago
A mortgage company makes a number of loans to be assembled into one package and sold to permanent investors. This process is an
Vladimir [108]

Answer:

The correct answer to the following question is warehousing.

Explanation:

Warehousing can be defined as process in which banks and lenders would provide mortgage loans to consumers , with the intention of quickly selling those loans in the secondary market. Here the individual loans would be bundled together based on some common element like size of the mortgage or the creditworthiness of the borrowers and all these loans would be sold as a single unit.

3 0
3 years ago
Which of the following is not one of the main factors that contribute to fraudulent activity?
Reil [10]

The correct answer is choice b, incompatible duties.

There are three primary reasons why people commit fraudulent activity, which is represented in the Fraud Triangle. The three primary factors that lead to fraud are opportunity, financial pressure and rationalization.

7 0
4 years ago
Madison Inc. reported sales of $1,000,000, a debit balance in Accounts Receivable of $80,000, and a credit balance of $5,000 in
svetoff [14.1K]

Answer:

The answer follows below;

Explanation:

Sales=$1,000,000

Allowance for Doubtful Accounts=$1,000,000*1%=$10,000

Bad Debt  Expense Dr.$10,000

Allowance for Bad Debts Accounts=  Cr.$10,000

In sales % method, we record only % of sales as uncollectible.

6 0
3 years ago
What idea is rooted in the concept of natural law
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Naturalists believe natural law principles are part of nature and exist in their own right, independent of human systems. Naturalists believe governments need to involve natural law principles into their systems.</span>
8 0
4 years ago
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