The SEC has enforcement powers, including the power to issue cease and desist orders, to levy fines, and to confiscate profits from illegal transactions.
Answer the following statement true (T) or false (F)
True
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Singer and McMann are partners in a business. Singer's original capital was $40,000 and McMann's was $60,000. They agree to salaries of $12,000 and $18,000 for Singer and McMann respectively and 10% interest on original capital. If they agree to share remaining profits and losses on a 3:2 ratio, what will Singer's share of the income be if the income for the year was $15,000?
A) $9,000 B) $2,400 C) $1,000 D) $5,600
When a business is considering how to implement a CSR plan, why is it important to make a distinction between addressing problems that are precipitated by a crisis and problems that are chronic?
A. Properly addressing chronic problems involves high-level strategy in capacity building. B. A business must collect and store goods to donate to chronic problems. C. The best way to address crisis problems is volunteering time. D. It is difficult for a business to build a strategic plan around addressing problems that are chronic. E. Both chronic and crisis problems are best addressed by a similar strategy of volunteering and donations.
Which statement does not appear overconfident?
A) If you know what's good for your company, you'll order these tone cartridges. B) I'm sure that you will want to subscribe to the new online training series. C) I know that these clip-art images are perfect for your business. D) Because I'm sure you want these wrist pads, I will call you tomorrow. E) After completing two training sessions, you should see your productivity increase.
Bankruptcy judges are not Article III judges
a. True b. False