Law College

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.

Answers

Answer 1
The answer would be B
Answer 2

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.

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Related Questions

It is the duty of a passenger to always look a good distance ahead and to think several steps in advance.

Answers

Answer:

False.

Explanation:

Transportation can be defined as a process which typically involves moving people, goods and services from location to another through the use of various transport means such as train, car, motorcycle, ship, boat, aeroplane, etc.

A driver refers to an individual that is saddled with the responsibility of controlling or piloting the direction of movement of a car while ensuring that he or she abides by the traffic rules and regulations.

Perception-reaction time, also known as perception response time (PRT) can be defined as the amount of time taken by a driver (road user) to recognize a potentially hazardous incident on the road to the time he or she takes to react appropriately such as applying the car brakes, using the car horn, flashing his headlights, etc.

This ultimately implies that, it is the duty of a driver to always be at alert, look a good distance ahead and to think several steps in advance, especially when driving on a highway or areas characterized by high traffic usage.

Ngày 1/8/2019 ông A thỏa thuận bán nhà ở số 234 đường M quận N thành phố Z cho ông B với giá 1 tỷ đồng, hơp đồng đã được hai bên lập văn bản, B đã trả cho A 500 triệu đồng và hẹn 10 ngày sau đi công chứng hợp đồng sẽ trả nốt số tiền còn lại. Ngày 10/8/2019 Ông B yêu cầu ông A đi công chứng hợp đồng nhưng do giá nhà tăng lên 1,3 tỷ đồng nên ông A tránh mặt không gặp ông B. Ngày 1/11/2019 ông B khởi kiện ra tòa án, yêu cầu ông A thực hiện hợp đồng, còn ông A yêu cầu tòa án tuyên bố hủy hợp đồng, theo anh chị vụ việc này giải quyết như thế nào?

Answers

Answer:

Hành vi của ông A sai, ông B đúng. Khi còn trong giai đoạn thỏa thuận hợp đồng và ông B đã đưa cho ông A một số tiền cho hợp đồng. Nhưng ông A lại không giữ đúng thỏa thuận. Vì vậy ông B có quyền khởi kiện về hành vi vi phạm hợp đồng của ông A

If Kripto sues Attorney Porquine for breach of the Jones-Porquine contract to recover what he would have received under the will, could Attorney Porquine successfully defend himself due to Kripto not having standing to sue? Why or why not?

Answers

Answer:

Following are the solution to the given question:

Explanation:

No, Sandy Porquine cannot defend himself successfully. This is because Kripto is the designated beneficiary in the contract between Emma Jones and Sandy Porcupine. Beneficiaries intended to seek a court resolution (have a duty to prosecute) if their contract rights are violated. Sandy Porquine also couldn't apply this theory effectively, Kripto had obtained a right.

an example of a passive electronic monitoring system is which of the following


1. A telephone call to the offender's home

2. GPS

3. Ankle monitor

4. All of the above

Answers

Answer:

the answer is 4. all of above

Explanation:

because we use magnet for GPS system you know the world already is a big magnet.

For first one.. Nowadays all scientist want to develop the application for telephone and They are working on electronic system and they must to know electron

A telephone call to the offender's home, GPS and Ankle monitor are all examples of a passive electronic monitoring system.

What is GPS?

The term GPS means Global Positioning System (GPS) is a U.S. owned utility service that provides users with positioning, navigation, and timing (PNT) services.

GPS system comprises of three segments: the space segment, the control segment, and the user segment.

Space Segment: The space segment provides a nominal constellation of 24 operating satellites that transmit one-way signals that give the current GPS satellite position and time.

Control Segment: The control segment provides and comprises of worldwide monitor and control stations that maintain the satellites in their proper orbits through occasional command maneuvers, and adjust the satellite clocks. Control Segment also tracks the GPS satellites, uploads updated navigational data, and maintains health and status of the satellite constellation.

User Segment: The User Segment consists of the GPS receiver equipment, which receives the signals from the GPS satellites and it uses the transmitted information to calculate the user's three-dimensional position and time.

What is Ankle Monitor?

Ankle monitor can be used like a bracelet-like device which transmits information about its wearer to a remote monitoring center. It generally relays this information via radio transmission or global positioning system and uses GPS technology.

Usually, it is locked in ankle to allow for constant monitoring. In many scenarios, an ankle monitor is used to determine the wearer’s location, usually as a condition of parole or house arrest.

Hence, option D is correct.

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The Victorian legislation which provides guidelines for solicitors to disclose information about costs.

Answers

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.

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