Answer:
"The broker-dealer or agent may only transact business in the State if registered in the State or if exempted or excluded from registration" and "Follow ups or individualized responses to persons in the State that involve either effecting or attempting to effect transactions in securities will not be made absent compliance with State registration requirements or an applicable exemption or exclusion"
Explanation:
Uniform securities act is a state level regulation of transactions in securities at the state level. It effectively prevents securities fraud and contributes to Securities and Exchange Commission (SEC) function of enforcing regulation.
Registration is required when there are initial publica offerings. Registration is also required from agents such as broker dealers and investment advisers.
In this case an agent of a broker-dealer puts up a website that promotes the benefits of dollar cost averaging, including the caveat that it is suitable for investors only if they can maintain their periodic payments regardless of economic conditions and that it requires a long-term investment time horizon.
There is need for disclosure in a state where the agent is not registered. So that when clients view the website they do not violate the Uniform Securities Act.
The disclosure chosen above is sufficient to cover the agent
Answer:
because small business have compitator
Answer:
Dutch Auction
Explanation:
The type of auction that is being described is called a Dutch Auction. Like mentioned in the question this is a type of auction in which the buyer initiates the process by submitting a description of the desired product or service, and when selling a high asking price is set and lowered until a participant accepts or the reserve price is met.
Answer:
6
Explanation:
The computation of the shipping errors in the case of break even is given below;
But before that the net operating income is
Sales $230,000
Less: Cost of goods sold 150,000
Less: Depreciation expense 30,000
Less: Other expenses 20,000
Net operating income $30,000
Now the shipping errors is
= $30,000 ÷ ($3,000 + $2,000)
= 6
Answer:
In 2021, preferred stockholders will be paid $9000 dividends while common stockholders will be paid $1000 in dividends.
Explanation:
The preferred share are cumulative which means that they accrue dividends in case the company is unable to pay dividend in a certain year. This means that the company needs to pay the preferred dividend in future whenever it declares dividends if it has not paid the dividend on preferred share in the previous years.
The preferred dividends are paid prior to the common stockholders.
Thus, the dividend for 2019 and 2020 will be paid along with that of 2021 when the company pays dividends in 2021.
The preferred dividend per year is = 50 * 0.06 * 1000 = $3000
The accrued preferred dividends for 2019 and 2020 are = 3000 * 2 = 6000
Preferred dividend to be paid in 2021 = 6000 + 3000 = $9000
Common stock dividends to be paid in 2021 = 10000 - 9000 = $1000
