Typically, state laws have disclosure requirements and antifraud provisions patterned after Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5.
Answer the following statement true (T) or false (F)
True
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A company must account for a contract modification as a new contract if
A) the modification adds distinct goods or services at a price that reflects their stand-alone selling price. B) the seller has the right to receive consideration equal to the stand-alone selling price of the promised goods or services. C) the promised goods or services are distinct and separable from other goods or services promised in the original contract. D) the promised goods or services are distinct and the contract has commercial substance.
In the context of legal business entities, briefly describe a Subchapter C Corporation and identify one of its important features.
What will be an ideal response?
Briefly describe the difference between prudent and practical.
What will be an ideal response?
The presence of business skills will increase the opportunities available to a technical professional and increase his or her speed of advancement.
Answer the following statement true (T) or false (F)