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igomit [66]
3 years ago
11

Charles, the president of an IT company, is friends with Levi, the CEO of Cyber Industries, a company that develops and manufact

ures computer hardware. Levi tells Charles that Cyber Industries is about to announce the creation of a revolutionary new computer processor that will quadruple processing capacity and cause Cyber Industries’ sales and profits to skyrocket. Charles then purchases a large number of shares of Cyber Industries company stock before the news of the new computer processor is made public. In which illegal activity has Charles engaged
a. A Ponzi scheme
b. Short selling
c. issuing is call
Business
1 answer:
Akimi4 [234]3 years ago
7 0

Answer: Option A

 

Explanation: In simple words, Ponzi scheme refers to a scheme in which a company deceit their earlier investor by paying them from the funds of recent investors in the form of profits.

In the given case, Levi deceited Charles by making him believe of a strategy that may or may not exist in his organisation. Thus, he will pay charles from the money that he will gain from the market after the announcement of the new processor.

Hence from the above we can conclude that the correct option is A.

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Stephanie is a real estate salesperson employed by Pacific Coast Properties. She sells a home listed by another broker, Island V
deff fn [24]

Answer:

It will be a violation of real estate law

Explanation:

Based on the information provided within the question it can be said that the if the Island View Broker agrees It will be a violation of real estate law. This is because until a deal is completely closed the deal can change and not go through. Some states and brokers allow this but will provide a discounted commission.

3 0
3 years ago
Difference between an <br>Architect and Engineer ​
JulsSmile [24]
An architect focuses more on the design of the building while an engineer focuses on more technical and structural things
3 0
2 years ago
1. Sid bought a new $1,500,000 seven-year class asset on August 2, 2020. On December 2, 2020, he purchased $900,000 of used five
egoroff_w [7]

Answer:

Total cost recovery deduction = 1251450

Explanation:

Given the seven-year class asset bought by the Sid = $1500000

On 2nd December the five-year class asset bought = $900000

Now we have to find the cost recovery deduction for 2020.

900000/(900000 + 1500000) = 37.5% Thus, use half-year convention and avoid mid quarter

1500000 – 1,000,000 (Sec 179 limit) = 500000

500000 x 14.29% = 71450

900,000 x 20% = 180,000

1,000,000 + 71450 + 180,000

Cost recovery for 7 year asset = 1,071450

Cost recovery 5  year asset = 180000

Total cost recovery deduction = 1251450

7 0
2 years ago
During the ________ stage of group development, work behaviors evolve into a sharing of information, acceptance of different opi
Rina8888 [55]
During the NORMING stage of group development, work behaviors evolve into a sharing of information, acceptance of different opinions, and positive attempts to make decisions that may require compromise, as the members set the rules by which the team will operate.
8 0
2 years ago
Read 2 more answers
What is a saturated market like for sellers? A. Consumer demand is higher. B. It contains more available consumers. C. It is mor
mestny [16]
Hello,

The answer should be option D "<span>It encourages companies to produce more of the product".

Reason:

A saturated market is a product that is distributed which means companies would have to make more of that product in order to make money, and to have more consumers buy their products. The answer is not option A because the consumer will demand more of the product but not to be higher. Its not option B because the product is being distributed among people but not different consumers. Its also not option C because its not against other markets. Therefore the answer is option D.

If you need anymore help feel free to ask me!

Hope this helps!

~Nonportrit </span>
4 0
3 years ago
Read 2 more answers
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