Question: 2. The SEC would not: a. Require a 10-K to be filed by a public company in the U.S. b. Enforce federal securities laws c.

2. The SEC would not: a. Require a 10-K to be filed by a public company in the U.S. b. Enforce federal securities laws c. Investigate counterfeit money d. Investigate public accounting firms working with public companies in the U.S. 3. A corporation has these characteristics: a. There are two or more partners who organize for a business purpose b. Its owners would tend to own small businesses and provide services. c. The ownership interest is called equity and there is continuity of business d. Its owners are called members and it is very flexible

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