When must Form 8-K be filed with the SEC and in what situations must this form be used?
What will be an ideal response?
Form 8-K must be filed with the SEC within 15 calendar days of the occurrence of a significant event. Significant events to be disclosed include: (i) a change in the company's independent auditor; (ii) entering into bankruptcy or receivership; (iii) a change in the control of the company; (iv) the acquisition of, or disposal of, assets, and (v) resignation of a director.
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Gross national income (GNI)
A. is an excellent basis for comparing consumer well-being across different cultures and economies. B. is a measure similar to GDP, but it does not include income earned by foreigners who own resources in that nation. C. is the total market value of services, but not goods, produced in a year. D. is the total market value of goods, but not services, produced in a year. E. All these answers are correct.
What is a financing statement? What is its significance in perfecting a security interest?
What will be an ideal response?
A collective bargaining agreement must be agreed to by both the employer and the union
Indicate whether the statement is true or false
Elmer promises to pay Fred $100 if Fred will register and vote in the next election as a Republican. This is a(n):
a. valid contract. b. adhesion contract. c. usurious agreement. d. illegal contract.