Answer:
Jim Henry bought 500 shares of I.B.M. through a broker.
- SECONDARY MARKET TRANSACTION
Peggy White bought 500 shares of Apple from another investor.
- SECONDARY MARKET TRANSACTION
New York Life Insurance Co. bought 500,000 shares of Tioga Corp when the company issued the stock.
- PRIMARY MARKET TRANSACTION
Primary market transactions that place when an investor purchases securities at the time the corporation or entity issued them, e.g. if you purchased Amazon's stocks at their IPO (or any other time new stocks were issued), it was a primary market transaction. But if you purchased Amazon's stocks at any other time, it is a secondary market transaction. Almost all the transactions carried out everyday are secondary market transactions.
Answer: (A) Guaranty fund
Explanation:
According to the given question, the Guaranty fund is one of the type of fund that basically helps in paying the various types of unpaid claims.
This type of funds are basically covering the beneficiaries of the insurance organization in which the insurer are basically helps in selling the various types of products and the services in the market.
The guaranty funds is typically used by the administrator for the purpose of protecting the policyholder in the insurance firm.
Therefore, Option (A) is correct answer.
Answer:
a. True
Explanation:
An accounting framework represents a set of criteria that is used to measure, interpret, and disclose the information that appears in an organization's financial statements.
The law of several nations mandates the Management of a company to prepare and present their financial statements in accordance with the laws of the nation. Since the law mandates this, it makes it a legal requirement.
Answer:
buy ADAP common stock
Explanation:
Prior to placing this order, the registered representative may, in his or her personal account, buy ADAP common stock. This is because the representative would be buying against ADAP Corp and therefore the market. The representative cannot Sell ADAP common stock because doing so after having received this information would be considered "Insider Trading" which is illegal since the 4% that the company is selling will most likely cause a dip in price of the shares in the market.
Answer:
in order to minimize net cost, the firm needs to remove 2.5 pounds of x (reduction in sulfur) and 1 pound of y ( reduction in lead) each day
Explanation:
Given that;
Subsidiary = 500x + 100y
The Net cost C will be:
For Critical point 
; by differentiating with respect to x alone;
For Critical point 
; by differentiating with respect to y alone;
For minimum cost = 0
200x - 500 = 0
200x = 500
x = 500/2
x = 5/2
x = 2.5
For minimum cost = 0
100y - 100 = 0
100 y = 100
y = 1
Hence; in order to minimize net cost, the firm needs to remove 2.5 pounds of x (reduction in sulfur) and 1 pound of y ( reduction in lead) each day
