The document that must be furnished to a prospective purchaser of registered securities is referred to as the
A. Form S-1.
B. prospectus.
C. registration statement.
D. securities disclosure statement.
B. prospectus.
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The Supreme Court recently made an exception to the privity rule when it allowed
A) indirect third party purchasers sue manufacturers for price fixing under the Competition Act B) class actions against the government by striking government workers C) pay day loan companies to set very high interest rates D) cooling off periods for door to door sales E) class actions by consumers against hospitals that released private information
Lotus Hospitality, a U.S. publicly-owned company doing business in China, deals with state-owned enterprises in a variety of countries. It is common for Chinese companies to pay custom officials in these countries amounts ranging from $100-$500 to enable their goods to be off-loaded at the receiving docks in each country. To show its appreciation for the many years of doing business in these countries, Lotus invited 50 government officials and employees of state-owned enterprises to attend the Olympic Games in China at the company's expense, and ultimately paid for such guests as well as some spouses and others who attended along with them. Sponsored guests were primarily from countries in Africa and Asia, and they enjoyed three- and four-day hospitality packages that included event
tickets, luxury hotel accommodations, and sightseeing excursions valued at $12,000 to $16,000 per package. In return for the generosity of Lotus Hospitality, the state-owned enterprises promised to give preference to Chinese companies when multi-million dollar contracts are awarded.Describe the nature of these payments under the Foreign Corrupt Practices Act (FCPA) and assess their legality. What are the potential ethical issues of allowing certain types of payments under the Act? What will be an ideal response?
Simpson Industries Inc. bonds currently have 12 years remaining to maturity. What is the current price of the firm's semi-annual bonds if they carry a face value of $1,000, an annual coupon rate of 8% and an annual yield to maturity of 7%?
A) $924.64 B) $1,000.00 C) $1,079.43 D) $1,080.29
A toy manufacturing company installed a new enterprise system. The installation and adaptation gave rise to a number of issues among different departments. These issues complicated the process as the company had not appointed anyone to resolve them
This situation is an example of ________ while implementing enterprise information systems.A) a lack of collaborative management B) the occurrence of requirement gaps C) transition problems D) employee resistance