The answer is false,because taxes are not transfered globally
Answer:
Debit Cash $20,000
Credit M. Alice capital $20,000
Explanation:
We recognize the admission of new partner by debiting the cash that the partnership received in the amount of $20,000 and then record the interest of the new partner by crediting her capital, M. Alice, capital $20,000. Basically, the old partners will agree as to what amount of interest that the new partner will be credited to the partnership. But in this scenario, the problem is silent as to the agreement of interest that M. Alice will be credited, in effect, the books will recognize M. Alice' interest equal to the cash she invested to the partnership.
Answer:
The correct option here is A).
Explanation:
Option A - is correct because according to the conclusion given in the argument, charitable institutions would have to reduce their services and some might have to close their doors , which means the assumption we are going to take will have a direct affect on these institutions , now if we assume that this assumption is false, that means whether this change comes or not charitable institutions will receive donations but that is not the case , so this option has to be correct.
Option B - this option is not right because it is nowhere said that these wealthy individuals are the only source of donations for charitable institution.
Option C - this option is also not correct because here no assumption is being made, the given statement is a consequence of not bringing the change.
Option D - this option is also not correct because there can be other individuals who can make donations.
Option E - this option is also not correct because here an alternative change to tax law is being talked about not the assumption of the argument.
Answer:
Option b: The IAR engaged in front running
Explanation:
Investment Adviser are simply individuals who offers advice/analyses on securities and they are involved offering such advice (even if it's not the primary service offered). They also receives compensation for these services that is rendered. Their services also include consultation as they give advise on pension plan, sports and investments.
The SEC do offer or restricts distribution participants (underwriters and issuers) from bidding for or making secondary market purchases of the stock that is being offered in a distribution.
Front Running
This is simply said to be the act of placing a broker's personal orders ahead of a customer's large order so as to make a profit from the market effects of the trade and also when a broker who buys himself shares in a stock just before his brokerage plans to buy a large block of share.
