Which of the following is the most important legislation in improving the condition of U.S. waters?
A. National Environmental Policy Act
B. Clean Water Act
C. Water Quality Improvement Act
D. Water Pollution Control Act
E. Resource Conservation and Recovery Act
Answer: B
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According to the Sarbanes-Oxley legislation, current changes to, or waivers of codes of ethics should be disclosed in:
a. Form 10-K. b. Form 1120. c. Form 8-K. d. Form 10-Q.
Any subsequent sale of a firm's previously issued common shares from one investor to another (such as occurs on public stock exchanges):
a. increases the recorded amounts of shareholders' equity. b. decreases the recorded amounts of shareholders' equity. c. has as no effect on the recorded amounts of shareholders' equity. d. increases or decreases the recorded amounts of shareholders' equity depending on the facts and circumstances. e. None of these answer choices is correct.
Which of the following statements is CORRECT?
A. The preemptive right gives stockholders the right to approve or disapprove of a merger between their company and some other company. B. The preemptive right is a provision in the corporate charter that gives common stockholders the right to purchase (on a pro rata basis) new issues of the firm's common stock. C. The stock valuation model, P0 = D1/(rs? g), cannot be used for firms that have negative growth rates. D. The stock valuation model, P0 = D1/(rs? g), can be used only for firms whose growth rates exceed their required returns. E. If a company has two classes of common stock, Class A and Class B, the stocks may pay different dividends, but under all state charters the two classes must have the same voting rights.
Tender is an unconditional offer to perform
Indicate whether the statement is true or false