ETH/321T: Ethical And Legal Topics In
Business - Week 5 Apply| Questions with
100% Solutions/Verified Answers|
Already Passed
Gilcorp wants to increase its profitability. It tries to gain new customers by
offering a cash bonus to customers who switch to its service from another
company. Which of the following is true of this action? - ANSWER This is legal
Flippatech is a home furnishings manufacturer. It wants to form a merger with
SleepzCorp, another home furnishings manufacturer. This would be a
__________ merger. - ANSWER Horizontal
For the scenario below, determine the legality of the company's actions.
Lilcorp manufactures budget speaker systems for Bigcorp. It arranges an
agreement wherein Bigcorp may not charge more than $300 for a speaker
system. - ANSWER Legal
Funtech is a toy manufacturer. It wants to form a merger with one of the toy
stores that buys its toys. This would be a __________ merger. - ANSWER Vertical
Identify the trade-restraining practice that this example demonstrates.
, Company A and Company B both work in the candy industry. They agree that
Company A will only sell chocolate to Company C and Company B will only
sell fruit candies to Company C. - ANSWER Division of markets
For the scenario below, determine the legality of the company's actions.
Guncorp is selling rifles to a retailer Sportsacorp. In order for Sportsacorp to
purchase a shipment of rifles, Guncorp requires that Sportsacorp also purchase a
shipment of pistols. - ANSWER Strictly illegal
Gillcore is about to go public and begin selling securities. As a new public
company, what steps must Gillcore take in order to stay in line with the
requirements of the Securities Act? - ANSWER The company's obligations depend
on what type of company it is and what type of securities it is offering
Fancorp regularly trades in securities on a national exchange.Which of the
following is true concerning the company's requirement to report to the SEC? -
ANSWER Required to report major business developments and must file annual
and quarterly financial reports
Jewelcorp just began trading securities. The company is a closely-held corporation
that is not trading stock on a national securities exchange. It has several dozen
shareholders and $9 million in assets. Which of the following is true concerning
the company's requirement to report to the SEC? - ANSWER Not required to
report information to the SEC
Yittercorp regularly trades in securities on a national exchange. The company is a
widely-held corporation with 600 shareholders and $15 million in assets. Which of
the following is true concerning the company's requirement to report to the SEC?
- ANSWER Required to report major business developments and must file
annual and quarterly financial reports
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller KenAli. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
