Which of the following represents the general rule under rule 10b-5 in regard to the duty of a company to reveal corporate developments?
a. A company has no general duty under Rule 10b-5 to reveal corporate developments unless the company or its insiders (1) trade in securities or (2) recommend trading to someone else.
b. A company has no general duty under Rule 10b-5 to reveal corporate developments unless the company or its insiders (1) trade in securities, (2) recommend trading to someone else, or (3) disclose the information as a tip while withholding it from the general public.
c. A company has a general duty under Rule 10b-5 to reveal corporate developments that are material.
d. A company had a general duty under Rule 10b-5 to reveal corporate developments if it appears (1) that developments are material and (2) that the material developments will have a negative effect on the company's financial reports.
b
You might also like to view...
Which description best defines an organization's job structure?
A. It refers to the standard amount that employers must pay under federal and state law. B. It consists of the relative pay for different jobs within the organization. C. It is the average amount an organization pays for a particular job. D. It comprises the characteristics of jobs that the organization values and chooses to pay. E. It comprises regular pay, overtime pay, and bonuses.
The debt ratio of Company A is 0.31 and the debt ratio of Company B is 0.21. Based on this information, an investor can conclude:
A. Company B has less financial leverage. B. Company A has less financial leverage. C. Company B has more debt than Company A. D. Company A has 10% more assets than Company B. E. Both companies have too much debt.
Peter Drucker was a respected management guru. Explain the influence that his contributions have had on the practice of management.
What will be an ideal response?
The Bill of Rights protects individuals against types of interference by the federal government
a. True b. False Indicate whether the statement is true or false