This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A joint venture is a(an): a. Association limited to no more than two persons in business for ... (Read 63 times)

tth

  • Hero Member
  • *****
  • Posts: 579
on: Jun 24, 2018
A joint venture is a(an):
 a. Association limited to no more than two persons in business for profit.
  b. Enterprise of numerous co-owners in a nonprofit undertaking.
  c. Corporate enterprise for a single undertaking of limited duration.
  d. Association of persons engaged as co-owners in a single undertaking for profit.

Question 2

You work for a securities firm matching orders to buy and sell stocks in small companies. A customer places an order to buy 100 shares of X Corp when they sell for 40 a share. You find a seller at 39 per share. May you buy the shares yourself at 39 and then sell them for 40 to you client?
 a. yes, there is no legal or ethical constraint on this since the order was 40 per share
  b. so long as you regard this as ethical, there is no legal constraint since the order was 40 per share
  c. the SEC places no constraint on this, but in equity the law would require you to sell to your client at 39 d. no, specialists cannot deal for their own benefit
  e. none of the other choices


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 24, 2018
Answer to Question 1

.C

Answer to Question 2

d


tth

  • Member
  • Posts: 579
Reply 2 on: Jun 24, 2018
Wow, this really help

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
Articular cartilage and synovial joint. Articular cartilage and synovial joint.
Rock the leg to create movement at the hip joint. Apply passive movements to mobilize knee and hip ... Rock the leg to create movement at the hip joint. Apply passive movements to mobilize knee and hip ...
Knee joint: Anterior view Knee joint: Anterior view
business solution business solution
Ligaments Hold Bones Together at a Joint Ligaments Hold Bones Together at a Joint
Video: Structures that affect circulation - arterioles and vasomotor responses and venous return

For a complete list of videos, visit our video library