Under Rule 505, the issuer must:

A) not advertise.
B) restrict the offering to thirty-five persons.
C) limit the offering to $1 million.
D) sell only to "accredited investors."


A

Business

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All the response hierarchy models assume that a buyer passes through affective, cognitive, and behavioral stages, in that order

Indicate whether the statement is true or false

Business

The fixed manufacturing costs increase by $102,000 for every 500 units produced beyond the maximum capacity of the plant. If a special pricing order is accepted for 5500 sails at a sales price of $165 per unit, and if the order requires no variable or fixed selling and administrative costs, what is the effect on operating income?

Briny Sail Makers manufactures sails for sailboats. The company has the capacity to produce 35,000 sails per year and is currently producing and selling 30,000 sails per year. The following information relates to current production:



A) Operating income increases by $464,500.
B) Operating income decreases by $464,500.
C) Operating income increases by $566,500.
D) Operating income decreases by $566,500.

Business

In considering whether a product contains a defective design, the courts will consider all of the

following except: A) The likelihood of injury. B) The profitability of the product. C) The social utility of the product. D) The degree of danger posed by the design. E) None of the above

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If the goods or the tender of delivery fail in any respect to conform to the contract, the buyer may:

a. reject the whole. b. accept the whole. c. accept any unit(s) and reject the rest. d. Any of these.

Business