Answer:
The statement is: False.
Explanation:
While often associated with illegal activity, insider trading encompasses both illegal and legal trading of securities and is monitored by the <em>Securities and Exchange Commission </em>(SEC). Illegal insider trading occurs when a person uses material, non-public information to decide between buying or selling a security.
Legal insider trading takes place when corporate insiders, officers, directors, and employees trade securities issued by their own company. When a corporate insider buys or sells his company's securities, this trading activity must be reported to the SEC, which then discloses this information to the public.
Answer:
Explanation:
The article is "Copyright infringement and the Intellectual Property Complaints on Amazon. It was published on December, 12th 2018.
There has been an increase in the number of complaints about intellectual property violations and the copyright infringement at Amazon Inc. In order to counterfeit each other, sellers copy the features of each other’s products, thereby violating the intellectual property rights. Sellers have been filing complaints against one other at the company.
Amazon has also been trying hard to stop increasing cases of such liability litigations. Amazon has been removing any listing that has probability of copyright infringement. Sellers are also encouraged to take preventive actions when listing their products on the platform.
The adverse effects of copyright infringement on the overall society include:
• Copyright infringement can lower the quality of consumer goods. There will be lesser quality goods rather there'll be more of goods in terms of quantity.
• The overall economy will get impacted as there will be more legal cases. Legal penalties in society will also increase due to Sellers taking each others to court.
Answer and Explanation:
The journal entry is shown below
Cash $46,620
To Notes Receivable $44,400
To Interest receivable ($44,400 × 15% × 120 days ÷ 360 days)
(Being the cash received is recorded)
Here we debited the cash as it increased the assets and at the same time we credited the interest receivable and the note receivable as it decreased the assets
The same is to be considered
If a company complies with government regulations, it incurs implementation costs. When a company decides to agree and follow new regulations, it will have to implement them into their organization. By implementing them, they are making changes within their organizations processes and therefor having costs associated with the changes.
