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shepuryov [24]
3 years ago
14

A shareholder who was buying additional shares in Wayport, Inc., told the shareholder seller "he was not aware of any bluebirds

of happiness in the corporation's world." However, at the time the buyer made the statement he was aware that the CEO had informed the board via e-mail of a patent sale by Wayport that meant that the corporation would receive net proceeds of $7.6 million and would increase its year-end cash position by 22%. Which of the following statements is correct? a. The buyer has done nothing wrong unless he was the CEO or a member of the board. b. The statement was too general to constitute a basis for a 10(b) claim. c. The seller has a 10(b) claim against the buyer. d. The statement would need to contain numbers to be a material misrepresentation.
Business
1 answer:
aleksklad [387]3 years ago
7 0

Answer: C. The seller has a 10(b) claim against the buyer.

Explanation:

10(b) is a section within the Securities and Exchange Commission and are a common source of liability for public companies.

It makes it unlawful to use or employ in relation to the trading of shares or securities.

Over here the buyer made the statement that he was aware that the CEO informed the board via email of a patent sale by Wayport that meant that the corporation would receive net proceeds.

The buyer has unlawful means of source and therefore is thinking of buying additional shares. Buyer is violating the 10(b) section of the securities and exchange commission act.

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Bioclean Co., a merchandiser, sells a biodegradable cleaning product and has predicted the following sales for the first four mo
Zanzabum

Answer:

2,060 units

Explanation:

As we know thestock policy of the firm is the ending inventory for each month should be the 30 % of the next month's sales

In the case of february, following this policy:

  • Starting inventory: is the same of ending inventory of the previous month: 0,3*2,000 (February´s sales) units= 600 units.
  • Ending inventory= 0,3*2,200 (March´s sales) units= 660 units

Also, Ending Inventory (EI) is the result of the sum of Starting Inventory (SI) and  February Purchases (P) minus February Sales (S)

  • EI= SI+P-S

We want to know P ( units Purchased), so:

P= EI-SI+S= 660-600+2,000=2060 units

8 0
3 years ago
Demand"" is a series of prices and the related quantities that consumers are willing and able to buy at a particular ___________
Nonamiya [84]

Answer:

given price in a given time period

Explanation:

Demand is the quantity of a good or service that consumers are willing and able to buy at a given price in a given time period. Each of us has an individual demand for particular goods and services and our demand at each price reflects the value that we place on a product, linked usually to the enjoyment or usefulness that we expect from consuming it. Law of demand  states that If the price of something goes up, people are going to buy less of it.The higher price leads to a lower quantity demanded and that a lower price leads to a higher quantity demanded.  Demand is based on needs and wants a consumer may be able to differentiate between a need and a want, but from an economist’s perspective they are the same thing. Demand is also based on ability to pay. If you cannot pay, you have no effective demand. What a buyer pays for a unit of the specific good or service is called price. The total number of units purchased at that price is called the quantity demanded. An increase in the price of a good or service almost always decreases the quantity demanded of that good or service. Conversely, a decrease in price will increase the quantity demanded.

7 0
3 years ago
Noncallable bonds that mature in 10 years were recently issued by Sternglass Inc. They have a par value of $1,000 and an annual
sergejj [24]

Answer:

Price  of Bond= $907.766

Explanation:

The price of the bond is the present value of its future cash flow discounted at the required rate of return of 5.5%.

Price of Bond = PV of interest payment +PV of redemption value

<em>PV of interest payment:</em>

interest payment = 5.5%× 1000= 55

PV = A × (1+r)^(-n)/r

A- 55, r - 7%, n- 10 years

PV = 55, r- 5.5%, n- 10

PV = 55× 1.07^(-10)/0.07= 399.417301

<em>Present Value of redemption </em>

PV = F× (1+r)^(-n)

F= 1000, r- 7%, n- 10 years

PV = 1,000× 1.07^(-10)= 508.3492921

Price  of Bond =  508.3492921  + 399.417301= 907.7665931

Price  of Bond= $907.766

3 0
2 years ago
Hey there,
gtnhenbr [62]
I am the age 17 and I am A)Single
3 0
2 years ago
Read 2 more answers
A company regularly purchases cleaning supplies from a vendor and orders relatively consistent amounts of the same products on e
RSB [31]

The answer is straight rebuy.

A straight rebuy is when a client buys the same items in the same amount and on the same conditions from the same supplier.

It refers to a corporate purchasing situation in which the buyer reorders something without making any changes. The buying department normally handles it on a regular basis. "In" providers strive to maintain product and service quality in order to retain business. "Out" providers seek innovative methods to add value or exploit unhappiness in order to get the consumer to consider them.

Therefore, the answer is straight rebuy.

To know more about straight rebuy click here:

brainly.com/question/15347051

#SPJ4

6 0
2 years ago
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