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A debt issued by a company as a negotiable instrument with a term of 9 months or less is a security that is exempt from registration and is called:
A. a short-swing trade.
B. short-term commercial paper.
A debt issued by a company as a negotiable instrument with a term of 9 months or less is considered short-term commercial paper and is exempt from registration.
What is short-term commercial paper?Commercial paper is a type of unsecured, short-term debt that is commonly issued by businesses to finance payrolls, payables, inventories, and other short-term liabilities.
Most commercial paper maturities range from a few weeks to months, with an average of around 30 days.
Option (a), short-swing trade is an incorrect answer because the SEC's short-swing profit rule requires corporate insiders to repay any profits generated from the acquisition and sale of company stock within a six-month period.
As a result, option (b) is the correct answer.
For more information regarding commercial paper, refer below
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Dany is an international trader in computer. In June 2018 he wrote a proposal to his most frequent client, Alan, saying that he was offering to sell 100 motorbikes, XYZ brand, latest version for US$1000/a motorbike. The detail description of a motorbike was in the Exhibit A attached with the contract.Alan immediately responded that he accepted the proposal, but he was only willing to receive the good in a safe and sound condition. Decide what are the legal nature of Dany's proposal and Alan’s reply?
Answer:
A proposal is subject to its acceptance by an offeree. An acceptance can be of three types given as under :-
A. Conditional Acceptance.
B. Express Acceptance.
C. Implied Acceptance.
In the above mentioned offer, Allan has given a conditional acceptance to dany about his willingness to accept the order in a safe and sound condition and thereby making a counteroffer to Dany. Dany after his consent to do so can enter into a contact. This is to be called as qualified acceptance
Explanation:
A proposal is subject to its acceptance by an offeree. An acceptance can be of three types given as under :-
A. Conditional Acceptance.
B. Express Acceptance.
C. Implied Acceptance.
In the above mentioned offer, Allan has given a conditional acceptance to dany about his willingness to accept the order in a safe and sound condition and thereby making a counteroffer to Dany. Dany after his consent to do so can enter into a contact. This is to be called as qualified acceptance
senate bill 35 is the zero tolerance law for someone over 21. true or false?
Answer:
False
Explanation:
California Senate Bill 35 is a statute streamlining housing construction in California counties and cities that fail to build enough housing to meet state mandated housing construction requirements. The bill was introduced to the California State Assembly by State Senator Scott Wiener on December 15, 2016
A person who knowingly causes the death of another while committing a criminal act, but who did not act under the influence of sudden passion, has committed
second degree murder.
involuntary manslaughter.
voluntary manslaughter.
first degree murder.
Answer:
I'm pretty sure its C. voluntary manslaughter
At trial in a criminal prosecution for theft, the defendant calls a witness to testify that he formerly knew the defendant as an army supply sergeant and that the defendant had turned down many opportunities for black marketeering.
Is the witness's testimony admissible?
Answer:
No. Should be no.
Explanation:
black marketeering has noting to do with prosecution because of theft.
BLACK MARKETEERING:
illegal traffic or trade in officially controlled commodities.
THEFT:
the physical removal of an object that is capable of being stolen without the consent of the owner and with the intention of depriving the owner of it permanently.
Black Marketeering pervention has nothing to do with stealing.
Provision that authorizes payment to anyone fairly entitled to insurance proceeds only one to the insurance proceeds by reason of having incurred expenses
Provision that authorizes payment to anyone who is fairly entitled to the insurance proceeds because of having incurred expenses on behalf of the insured for medical treatment and/or burial
Answer:
Facility of Payment Clause
Explanation:
Facility of Payment Clause was formulated to prevent the need to nominate any of the administrator, executor, or guardian to obtain the insurance benefits, and then immediately fasten the settlement of disputes among rival claimants without the unnecessarily wasting time and going through litigation.
Hence, in this case, the right answer is Facility of Payment Clause
A plaintiff sues her employer for sexual harassment. During the trial, the plaintiff attempts to introduce into evidence company records that include written complaints from other employees alleging that they too were sexually harassed by the employer. The defense objects to the admission of the records on the basis of hearsay. Should the objection be sustained?
Answer:
no
Explanation:
The evidence is most likely valid and can be useful so the judge shouldn't Sustain it.
No, Hearsay rule is the rule prohibiting hearsay (out of court statements offered as proof of that statement) from being admitted as evidence because of the inability of the other party to cross-examine the maker of the statement.
What is considered hearsay evidence?Hearsay evidence is evidence of a statement that was made other than by a witness while testifying at the hearing and that is offered to prove the truth of the matter stated.
Why hearsay is admissible?The hearsay rule does not exclude the evidence if it is an operative fact. Language of commercial offer and acceptance is also admissible over a hearsay exception because the statements have independent legal significance. Double hearsay is a hearsay statement that contains another hearsay statement itself.
To learn more about Hearsay rule, refer
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A federal statute imposed criminal penalties for killing certain specified animals that have been determined by Congress to be of importance to the tourism industry in the region in which the animal was located. Among the animals protected was the red fox. However, a state in which the red fox was located classified the animal as a varmint that could be destroyed at will by anyone with a general hunting license. A rancher who possessed a valid state general hunting license regularly shot and killed red foxes that ate his artichoke plants.
If the rancher is prosecuted under the federal statute and challenges the constitutionality of the law, which of the following is the strongest constitutional argument in support of the federal statute?
a. The commerce power.
b. The Necessary and Proper Clause.
c. The police power.
d. The power to regulate federal lands.
Answer:
c.
Explanation:
If for example in a neighborhood , people have different rules as to what goes on their rented private lands and while the neighbor with blue house allows bugs as a cruelty free zoning opportunity ,the neighbor with the red house made it well known that any bugs that are on his land can be hurt and killed with any process as long as it doesn't affect his property.The bugs where killed but as the blue neighbor disagrees they go to the townspeople to settle if those bug should have been transported to the blue house.In this case the case should be given to the closest authority which is the police. please correct this story to explain the situation at hand.
How does morden small business benifit form?
Answer Modern small businesses benefit from simplified and less expensive manufacturing processes and can grow without affecting the quality service they offer their customers.
Vì sao nói tác phẩm báo chí là một chỉnh thể? Nhận thức tính chỉnh thể của tác phẩm báo chí có thể giúp ích gì cho nhà báo và công chúng trong quá trình sáng tạo và tiếp nhận báo chí?
Answer:
em cũng muốn hỏi
Explanation:
The theft of currency over a long period of time that tends to be commissioned for a modest amount of money but may not be considered to be financially damaging is called
ATM burglaries.
embezzlement.
forgery.
credit card fraud.
Answer:
the answer is embezzlement
Why does it keep taking money from me I don't even use this app it's taking my money and I want it back
Answer:
1dk im sorry :(
Explanation:
Choose all the statements about the common law that are CORRECT.
Italy has a common law legal system
Common law is found in legislation
Common law applies mainly to the lower classes
Common law is a system of law that relies on precedent cases
Common law and Equity developed as separate but complementary systems of law
Common law systems are adversarial
Common law refers to judge-made law
4 is the answer of the question
Answer:
common law and equity developed as separate but complementary systems of law
You must submit a report to the DMV within 15 days of a traffic accident on a Traffic accident report form. True or false?
Answer:
False
Explanation:
Quizlet - Unit 6 Lesson 3: Procedures When Involved In An Accident
First question.
as a law enforcement officers, how you will handle a situation if a person with mental illness is involved?
Drivers Ed confusing question
Answer:
T intersections
Explanation:
The T intersection is representing a 3 way sTop i hope this helps.
Question 12 of 20
Which constitutional amendment expanded the right to vote?
A. Twenty-Second
B. Twenty-Third
C. Twenty Fifth
D. Twenty-Fourth
SSM
The 23rd amendment granted the District of Columbia the right to vote. The amendment granted access to Electoral votes as if it were a state.
The Victorian legislation which provides guidelines for solicitors to disclose information about costs.
Answer:
costs disclosure
Explanation:
The Victorian legislation provides guidelines for legal fee disclosures by solicitors to their clients. The legislation requires that solicitors must disclose legal costs in a cost disclosure statement as soon as they engage a client. This prevents the penalties or invalidity of a legal claim to costs. Exceptions may however apply where legal costs do not exceed $750 or client is government or commercial entity.
