Bonds & Stocks Corporation, and its officers, directors, and sharehold¬ers, buy and sell securities. SEC Rule 10b-5 applies to the purchase or sale of
a. a security by a financial corporation only.
b. a security involving a corporateinsider only.
c. a security involving short-swing profits only.
d. any security.
D
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In the context of Maslow's hierarchy of human needs, an organization most likely meets its employees' needs for recognition by providing
A. job participation vehicles, such as regular staff meetings. B. public acclaim for outstanding contributions. C. a supportive physical environment. D. proper tools, equipment, and materials to do the job.
In 2017, the newest Supreme Court Justice, Neil Gorsuch, took his seat on the bench having been nominated by President Donald J. Trump. Historically, Justice Gorsuch has been viewed as being aligned with "the right" or a more conservative viewpoint. Explain how, in terms of judicial activism and judicial restraint, this nomination could have an impact on future decisions of the Supreme Court.
What will be an ideal response?
Pink Corporation declares a nontaxable dividend payable in rights to subscribe to common stock. Each right entitles the holder to purchase one share of stock for $25 . One right is issued for every two shares of stock owned. Jack owns 100 shares of stock in Pink, which he purchased three years ago for $3,000 . At the time of the distribution, the value of the stock is $45 per share and the value
of the rights is $2 per share. Jack receives 50 rights. He exercises 25 rights and sells the remaining 25 rights three months later for $2.50 per right. a. Jack must allocate a part of the basis of his original stock in Pink to the rights. b. If Jack does not allocate a part of the basis of his original stock to the rights, his basis in the new stock is zero. c. Sale of the rights produces ordinary income to Jack of $62.50. d. If Jack does not allocate a part of the basis of his original stock to the rights, his basis in the new stock is $625. e. None of the above.
When the U.S. Treasury moves deposits from commercial banks to its account at the Fed, leading to an increase in ______________________________
Fill in the blank(s) with the appropriate word(s).