Rule 10b-5 of the Securities Act of 1934 prohibits any person from making a misstatement or omission of a material fact in connection with the:
A. mortgage of real estate.
B. purchase or sale of any security.
C. purchase or sale of a property.
D. mortgage of constructing a building.
Answer: B
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According to a summary of the payroll of Scotland Company, $450,000 was subject to the 6.0% social security taxand $500,000 was subject to the 1.5% Medicare tax. Federal income tax withheld was $98,000 . Also, $15,000 wassubject to state (4.2%) and federal (0.8%) unemployment taxes. The journal entry to record accrued salaries wouldinclude a
a. debit to Salary Payable of $450,000 b. credit to Salary Payable of $500,000 c. debit to Salary Expense of $500,000 d. credit to Salary Expense of $450,000
Which of the following statements is true about outsourcing production/manufacturing and new ventures?
a. The use of third-party manufacturers is commonplace b. Outsourcing production/manufacturing saves significant capital for the venture c. The third-party contractor gains access to the intellectual capital of the new venture d. All the above are true
To prevent its competitors from obtaining sufficient supplies to make their products, Molded Plastics, Inc., uses its market power to increase the prices of those supplies. This is
A. a refusal to deal. B. business judgment. C. predatory bidding. D. predatory pricing.
An action taken by a person on behalf of another is called:? A) agency
B)negotiability.? C)representative capacity.? D) identification of principal.