Which of the following is true about the 1933 and 1934 securities acts?
A) The 1933 Act covers securities listed on stock exchanges, and the 1934 Act covers
nonlisted securities.
B) The 1933 Act covers the initial issuance and subsequent trading of stocks, and the 1934
Act covers the initial issuance and subsequent trading of bonds.
C) The 1933 Act covers the initial issuance of securities, and the 1934 Act covers the
subsequent trading of securities.
D) The 1934 Act superseded the 1933 Act and covers all aspects of securities issuance and
trading.
C
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The irrational escalation of commitment is a cognitive bias that refers to
A. the perspective or point of view that people use when they gather information and solve problems. B. the standard against which subsequent adjustments are measured during negotiation. C. how easily information can be recalled and used to inform or evaluate a process of a decision. D. a negotiator's commitment to a course of action, even when that commitment constitutes irrational behavior on his/her part.
The United States' form of government is referred to as ________, in which the federal government and the fifty states share powers.
A. statism B. socialism C. federalism D. mercantilism
How did the Plymouth Company endeavor to create a colony in New England differ from previous English colonies like Jamestown?
a. It had a strong religious component and goal. b. It lacked backing by a royal charter. c. It involved no debts to the crown. d. It was not a business venture.
When consumers are unable to judge the quality of a product through examination or prior experience, they usually do which of the following?
A) Make a price-quality inference. B) Depend on an internal reference price. C) Assess the fair price. D) Experience an assimilation effect. E) Experience a price-placebo effect.