Answer the following statements true (T) or false (F)
The Securities Act of 1933 and the Securities and Exchange Act of 1934 were the first national securities legislations in the United States.
ANSWER: T
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Mr. Vail made an offer to purchase a business for sale by Mr. Craig. Mr. Vail and Mr. Craig had never met prior to their negotiation of the terms of the sale. The sale is an example of a/an:
A. Both an arm's length transaction and a private market transaction are true. B. Private market transaction C. Public market transaction D. Arm's length transaction
Macksym is the shift manager at a local manufacturing plant. From 10:00 a.m. to 11:00 a.m. this morning, he was outside the plant, waiting on a shipment of a part needed for the next shift because he couldn’t spare any employees from the production line to do so. This would best be described as an example of a ______.
a. planning function b. leading function c. controlling function d. nonmanagement function
If the price increases, but fixed and variable costs do not change, the break-even point:
A) decreases. B) increases. C) remains the same. D) may increase or decrease, depending on sales.
The National Labor Relations Act guarantees employees the right to join unions
a. True b. False Indicate whether the statement is true or false