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Randolph Is a Single Parent of Three Young Children

question 89

Multiple Choice

Randolph is a single parent of three young children. His children do not start school until 9:30 in the morning, and he has not been able to find a suitable caregiver to watch them in the morning. In addition, he really wants to be the person to get them out to school. He does have a reliable person to be with them in the late afternoon or early evening. In order to accommodate his childcare needs, which nontraditional work option would be most suitable for Randolph to pursue?


Definitions:

Debentures

A type of debt instrument not secured by physical assets or collateral but based on the issuer's creditworthiness and reputation.

Warrants

Warrants are legal documents issued by a governmental authority allowing law enforcement to carry out certain actions such as searches or arrests.

Section 16(b)

A provision under the Securities Exchange Act of 1934 that seeks to prevent insider trading by requiring profits gained from short-swing transactions by corporate insiders to be returned to the corporation.

Short-Swing Profits

Profits made from the sale of company stock within any six-month period by a statutory insider.

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