Securities issued with the approval of the SEC are subject only to SEC regulation; they are exempted from common law fraud
a. True
b. False
Indicate whether the statement is true or false
False
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Natural metric scales are inherently:
A) qualitative B) quantitative C) whimsical D) scientific E) open-ended
Which of the following statements is true about the flotation costs that are incurred when a firm issues new securities to raise funds?
A. The higher the flotation costs associated with a preferred stock issue, the lower the firm's cost of preferred stock, rps. B. Flotation costs should be added to the per share price of a preferred stock issue to compute the cost of preferred stock, rps. C. Floatation costs should be added to the before-tax weighted average cost of capital to determine the firm's overall net weighted average cost of capital after taxes. D. When it incurs flotation costs, the firm normally receives a higher amount of net proceeds from a security issue than when there are no flotation costs. E. Floatation costs increase the cost of using funds; e.g., the cost of issuing new common stock is greater than the cost of retained earnings because the firm must pay flotation costs to issue new equity.
Ira is a judge in a court of equity. In this court, Ira may bar a suit if it is not filed within a proper time under the doctrine known as
a. equitable limitations. b. equitable maxims. c. laches. d. limitation de baris.
For any product, the breakeven quantity is the
A. number sold over fifty units. B. number sold such that costs equal revenues. C. total number produced to equal the total resources available to the producer. D. number of products needed to be sold in order to make a reasonable profit. E. dollar volume of total sales.