The options available are:
a) Must file annual and quarterly financial reports
b) Requirement to file depends on the company’s assets and shareholder base.
c) Not required to report information to the SEC.
d) Required to report major business developments and must file annual and quarterly financial reports.
Answer:
d) Required to report major business developments and must file annual and quarterly financial reports.
Explanation:
It is expected that firms or companies who regularly trades in securities on a national exchange is required by law under the United States security and exchange commission to report major business developments and must file annual and quarterly financial reports using form 10-K and form 10-Q made available by the security and exchange commission.
This is done by the filling the Form 10-K for yearly reports while Form 10-Q for their quarterly reports, and report the business advancement, for example, budgetary exchange, mergers, procurement and so forth to them consistently
Hence, Fancorp is required to report major business developments and must file annual and quarterly financial reports.
From State statutes Ellen would find the laws of incorporation.
<u>Explanation:
</u>
A Statute is a structured, law written regulating the legal persons of a town, state or country through an agreement between constitutional powers
Legislatures are laws that distinguish them from jurisdictions or precedents which are determined by lawsuits and regulations imposed by government agencies.
Statutes are laws passed by legislatures, for example the United States Congress.
Statutes are usually the location for key legal documents to be investigated.
Many States publish in a way Such as the central government their laws.
For example, many states originally print their statutes as slip rules, with The official laws of the session were written.
Answer:
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