Scienter is the element of fraud that requires that the misrepresentation must have been known by the one making it to be false and must have been made with an intent to deceive.

You would like to buy shares of International Business Machines (IBM). The current bid and ask quotes are $103.25 and $103.30, respectively. You place a market buy-order for 200 shares that executes at these quoted prices.

Imagine you own a pet cremation business (or taxidermy service, if you prefer). You want to use market research to identify how you can grow your business, but you are on a limited budget.

General-purpose external financial reporting of a corporation focuses primarily on the needs of which of the following users? A. The board of directors of the corporation. B. The management of the corporation. C.

Explain why full employment may be inconsistent with no shirking. Shirking may be likely with full employment because A. it may be inexpensive for employees to shirk. B. it may be possible for employers to pay high wages. C.

The Government in Sunshine Act requires agency business meetings to be open to the public even if the agency is headed by a non-collegiate body, and the open-meeting requirement applies even when a quorum is not present. True or False

When prisly inc. introduced a liquid detergent in the market, it noticed that the sales of its detergent powder significantly declined. prisly inc.'s loyal customers who previously purchased detergent powder switched to liquid detergent.

The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure? question 15 options: a. negative externality (external costs) b. positive externality (external benefits) c. asymmetric information d.

Gordon is over 65. how does that affect his tax return? a. there is no effect. b. it increases his standard deduction. c. it increases his personal exemptions. d. he must itemize his deductions.

Cambodian Import Company purchased a depreciable asset for $160,000 on April 1, 2014. The estimated salvage value is $40,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.

Determine which of the following countries would be classified as 'growth miracles' or 'growth disasters'.