Fresh Fruit Company has assets of less than $10 million and fewer than fifty shareholders. Gourmand Pastries, Inc, has assets of more than $50 mil¬lion and more than five hundred shareholders. The Securities Exchange Act of 1934 applies to
a. Fresh Fruit and Gourmand Pastries.
b. Fresh Fruit only.
c. Gourmand Pastries only.
d. neither Fresh Fruit nor Gourmand Pastries.
C
You might also like to view...
Negotiators who are completely open and tell the other party everything expose themselves to the risk that the other party will take advantage of them. This best describes the
A. dilemma of trust. B. paradox of being too trusting versus being too distrusting. C. paradox of intangibles. D. dilemma of honesty.
Why would a company like Walmart have a difficult time repositioning itself as a retailer of quality, stylish clothing?
What will be an ideal response?
_____ is a market structure with only a handful of competitors selling products that can be similar or different and has high barriers to entry.
A. Monopolistic competition B. Monopoly C. Oligopoly D. Pure competition
Which of the following could be a stakeholder of a corporation?
A. employee B. customer C. local citizen D. supplier E. all of the above