Do virtual shares in an enterprise existing only in cyberspace constitute securities?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managers and the Legal Environment Strategies for the 21st Century

ISBN: 978-1111530631

7th edition

Authors: Constance E. Bagley

See More Books

Question Posted: Mar 17, 2016 03:57 AM

See More Questions

1. An enterprise that holds a variable interest in a variable interest entity (VIE) is required to consolidate the assets, liabilities, revenues, expenses, and noncontrolling interest of that entity...
1. Based on the forecasts above, use the spreadsheet below to construct a pro forma income statement for Idexo over the next five years. What is the annual growth rate of the firm's net income over...
1. What was the total purchase price/ enterprise value of the transaction? 2. Why did Exxon Mobils shares decline and XTO Energys shares rise substantially immediately following the announcement of...
The accounting records for The Skate Shed, Inc., reflected the following amounts at the end of January 2018: Prepare The Skate Shed?s multistep income statement for the fiscal year ended January 31,...
Suppose that the government makes a onetime investment in new public school buildings, which results in a one-time reduction in consumption. The new public school buildings increase the efficiency...
1 Given functions g(x) = and m(z) 2-4, state the domains of the following functions using Interval notation. Domain of 9(2) m(2) Domain of g(m(a)): Domain of m(g(x)) :
A normal shock occurs in a perfect gas. Sketch a Temperature - Entropy $(T-S)$ diagram of the process and show the following: Static and stagnation pressure and temperature before and after the...
Northern Communications has the following stockholders equity: Requirements 1. First, determine whether preferred stock is cumulative or noncumulative. 2. Compute the amount of dividends to preferred...
Cognito Crafts creates captivating carved creations for competent customers that crave cinching challenges. Cognito Crafts specializes in hand - assembled wooden puzzles. Anya, the sole craftsperson,...
In 2013, Grishell Trucking Company negotiated and closed a long-term lease contract for newly constructed truck terminals and freight storage facilities. The buildings were erected to the companys...
Do the failures to include information concerning a deteriorating inventory-to-sales ratio relative to competing firms and to disclose insider transactions that increase a company's operating costs...
Are either the Section 4(1) or Section 4(2) exemptions available to exempt the sale of shares by a privately held corporation to a consulting firm that then sold them to the public?
All That Blooms provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. All That Blooms charges $60 per treatment for the average single-family lawn. For...
Define the following terms: a. Incremental cash flow; sunk cost; opportunity cost; externality; cannibalization b. Stand-alone risk; corporate (within-firm) risk; market (beta) risk c. Risk-adjusted...
In what situation should a firm split its stock?
Which type is theoretically the most relevant? Why?
Jay is a limited partner in Kappa Sales, a limited partnership. Jay is liable for the firms debts a. in no way. b. in proportion to the total number of partners in the firm. c. to the extent of his...
What is one classification scheme that firms often use to obtain risk-adjusted costs of capital?
In Exercises use the Direct Comparison Test to determine the convergence or divergence of the series. n=1 1 2n 1
Per Bag Direct materials: 25 pounds of CWhiz-2000 @ $0.08/lb. = $ 2.00 Direct labor: 0.05 hour @ $32.00/hr. = $ 1.60 The company manufactured 100,000 bags of Cheese-Be-Good in December and used...
1. One of the concerns raised by Carlisle was that if attorneys could be held liable for their reasonable misinterpretations of the FDCPAs requirements, there would be a flood of lawsuits against...
Villegas was co-owner and vice-president of Plaza Health Laboratories, a blood testing laboratory in Brooklyn, New York. On two occasions between April and September, Villegas loaded containers of...
Is Southern Pacific strictly liable? Should the government be liable? How could Southern Pacific have protected itself against a lawsuit? What if, instead of bombs exploding, chemicals were spilled...
You have a business worth $1,000,000 and other assets (including your home) worth an additional $750,000. What is the recommended automobile insurance policy that you should carry to be FULLY...
Republic Services and Waste Management company Compare the companies' long term Revenue, Gross Profit, Operating Profit) and Net Income and related growth trends. What is the average three year...
A young couple own a home in NJ. They would like to have Homeowner Insurance coverage for their home in NJ, in case of frozen plumping and damage form heavy snow or power surges. Which Homeowner's...

Do virtual shares in an enterprise existing only in cyberspace constitute securities?

Question:

Step by Step Answer:

In this case the Securities and Exchange Commission brought a suit against SG Ltd for operating its virtual stock exchange in violation of the registration and antifraud provisions of the federal secu...View the full answer

Managers and the Legal Environment Strategies for the 21st Century

Students also viewed these Business Law questions