Chiarella worked at a company that printed financial documents. In one documents, he read confidential information that allowed him to buy stock and make a nice profit because of his knowledge. When sued by the SEC for insider trading, the Supreme Court found Chiarella:
a. guilty of violating Rule 10(b)-5 because he failed in his duty to disclose relevant information b. guilty of violating Rule 10(b)-5 because he traded in securities based on inside information c. guilty of violating Section 16(b) because he engaged in short-swing trading for profit
d. guilty of securities fraud based on common law fraud e. none of the other choices
e
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What is the effect on the balance sheet of making cash sales of inventory to customers on profit?
A. Assets increase and equity decreases. B. Assets decrease and equity increases. C. Assets and equity decrease. D. Assets and equity increase.
A group formed by an investment banker to share the financial risk associated with underwriting new securities is called a(n) ________
A) underwriting syndicate B) selling group C) investment banking consortium D) broker pool
One of the challenges when adopting a top down design approach
to networks is that the company must understand the individual needs of each department and be responsive. Indicate whether the statement is true or false
Debts of the bankrupt under Chapter 13:
a. are all discharged b. are discharged, if they involve past taxes c. are discharged, if they involve alimony d. are discharged only in part e. none of the other choices