Ask Question
BusinessBusiness
29 June, 15:23

Even though a company sets a limit on the number of shares it will sell, before selling any of them, the company must receive authorization to market the shares from the Securities and Exchange Commission (SEC). True False

+5
Answers (2)
  1. 29 June, 17:37
    0
    True

    Explanation:

    Based on the scenario been discussed in the question we can it is True and that the company must receive authorization for them be able to market the shares from Security and Exchange Commission (SEC) securities sold in the United state of America must be registered under security and exchange commission. The security and exchange commission was created under the security act of 1934 and gives regularity authority over security exchanges.
  2. 29 June, 19:23
    0
    Given statement is TRUE

    Explanation:

    In general (with some exceptions) securities sold in US must be registered. Securities Act of 1933 requires companies intending to issue shares to file and complete registration.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Even though a company sets a limit on the number of shares it will sell, before selling any of them, the company must receive authorization ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which of the following statements about the Consumer Decision Process is false? a. In a successful purchase, every stage in the process has to happen. b. Sometimes consumers process a stage or stages subconsciously. c.
Answers (1)
An investor is considering buying a restaurant that has been in operation for a number of years. The restaurant has a highly regarded chef and many long-term kitchen and wait staff who work together smoothly.
Answers (2)
Sofie and the members of her homeowner's association have homeowner's policies on their coastal dwellings. They have heard that there are 11 named hurricane storms predicted for their coastal area this year.
Answers (1)
Suppose a foreign investor who holds tax-exempt Eurobonds paying 10.50% is considering investing in an equivalent-risk domestic bond in a country with a 28% withholding tax on interest paid to foreigners. If 10.
Answers (1)
Exercise 201 This information relates to Crane Co. for the year 2022. Retained earnings, January 1, 2022 $56,000 Advertising expense 1,800 Dividends paid during 2022 10,000 Rent expense 10,000 Service revenue 63,500 Utilities expense 2,300 Salaries
Answers (1)
New Questions in Business
Lawrence has worked in his career field for 20 years. one benefit of his experience over younger employees lies in
Answers (1)
Ingredient lists on gum packages remain somewhat vague, even though these labels fall under federal regulations, because the manufacturers feel their ingredient lists are _[blank]_.
Answers (1)
Kirsten is trying to decide where to go for her well earned vacation. She would like to camp, but if the weather is bad, she will have to go to a motel.
Answers (1)
At the end of the year, Mercy Cosmetics' balance of Allowance for Uncollectible Accounts is $400 (credit) before adjustment. The balance of Accounts Receivable is $15,000.
Answers (1)
A mutual fund had NAV per share of $19.00 on January 1, 2016. On December 31 of the same year, the fund's NAV was $19.14. Income distributions were $0.57, and the fund had capital gain distributions of $1.12.
Answers (1)
Home » Business » Even though a company sets a limit on the number of shares it will sell, before selling any of them, the company must receive authorization to market the shares from the Securities and Exchange Commission (SEC). True False
Sign Up Forgot Password?