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grin007 [14]
3 years ago
6

According to the Securities Act of 1933, an individual who participates in the original distribution of securities by selling su

ch securities for the issuer or by guaranteeing their sale is referred to as theA. seller.B. controlling person.C. issuer.D. underwriter.E. bailee.
Business
1 answer:
mamaluj [8]3 years ago
3 0

Answer:

D. underwriter

Explanation:

Based on the information provided within the question it can be said that the individual being described in the question is called an underwriter. Like mentioned in the question this is an individual who guarantees sale of securities and accept the financial risk of liability arising from the guarantee on behalf of the issuer of the securities in question.

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4 years ago
I didn't sign up for this and I'd like my money back and to delete this account
prohojiy [21]

Answer:

Simply ask a lot of innapropiate questions and the moderators will kick u out! Have fun!

Explanation:

6 0
3 years ago
Read 2 more answers
The balance sheet of the Algonquin Company reported assets of $50,000, liabilities of $22,000 and common stock of $15,000. Based
nlexa [21]

Answer:

c) $13,000.

Explanation:

Using the accounting equation;

Assets - liabilities = Owners' equity

Owners' equity is usually made up of the common stock and the retained earnings.

Therefore, given;

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Liabilities = $22,000

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Amount for retained earnings is $13,000.

8 0
3 years ago
Bo Borg is the vice president of purchasing for Crater Corp. He has authority to enter into purchase contracts on behalf of Crat
g100num [7]

Answer: Crater will be bound because of Borg's apparent authority.

Explanation:

Crater Corp. will be bound to the contract since Bo Borg has the apparent authority as the acting Vice President of purchasing. Even though he went over the agreed amount that was over 2 million in the contract. Since the Shady company was unaware that he had exceeded his authority the contract will stay in place. If Shady company had of known that he did not have the final say and needed approval the result of the transaction would of been different.

7 0
3 years ago
What are the board directors in charge of
Mama L [17]

Answer:

The board of directors is elected to represent shareholders' interests

Explanation:

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7 0
3 years ago
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