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Musya8 [376]
3 years ago
6

Stan is a real estate broker in Colorado. He has identified a property for a fast food outlet and has asked four friends to cont

ribute money to the purchase and gain partial ownership. Stan will manage the property and negotiate the lease for the fast food franchise. In this agreement he must comply with state and federal securities laws in arranging this investment group. True or False?
Business
2 answers:
denpristay [2]3 years ago
8 0

Answer:

True

Explanation:

Any investment group must comply with securities regulations, regardless of how it is formed or organized.

In this case, Stan is a real estate broker, and at the same time will be part of the investment group that purchased the property. He will be performing dual functions, since he will act both as a real estate broker and as a co-owner. He must disclose his earnings (commissions earned) gained from leasing the property to the fast food franchise to the other members of the investment group.

Artyom0805 [142]3 years ago
6 0

Answer:

The correct answer is True.

Explanation:

Stock brokers, who buy and sell securities in their own accounts, must also follow strict rules about negotiations. The most frequent violations of the laws are:

When brokers and other entities commit fraud, the victims may include investors, creditors and senior citizens as pensioners. In addition to applying public order and regulating the financial vehicles most likely to fraud, state and federal securities laws explicitly protect informants who reveal illegal actions.

Both the SEC and NASAA (North American Securities Administrators Association) maintain that investors have certain rights. Among them, receive account statements, complete and accurate risk information and copies of all agreements. Victims suffering losses often find it helpful to initiate a civil lawsuit to recover their assets.

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A document that describes the following items would be most likely called a :_________.
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3 years ago
The price of a basket of goods is $2000 in the U.S. If purchasing power parity holds, and the dollar buys two units of some coun
Eva8 [605]

Answer:

4000

Explanation:

Calculation to determine how many units of foreign currency does the same basket of goods cost in that country

Based on the information given we were told that the PRICE OF A BASKET OF GOODS is the amount of $2000 in which the dollar buys TWO UNITS of some country’s currency, now let determine HOW MANY UNITS of foreign currency does the same basket of goods cost in that country

Using this formula

Units of foreign currency=Basket of goods price*Some country’s currency units

Let plug in the formula

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Therefore the number of units of foreign currency that the same basket of goods cost in that country is 4,000

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