Before a Stock Can Be Sold in Canada It Must

question 72

Multiple Choice

Before a stock can be sold in Canada it must:

• A)be approved by the Federal Government.
• B)be approved by the Federal Securities Commission.
• C)be Approved by the applicable Provincial Commission.
• D)be approved by shareholders only.

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Definitions:

Affordable Care Act

A comprehensive healthcare reform law enacted in 2010 aimed at increasing health insurance coverage and reducing healthcare costs.

Medicare Taxes

Taxes deducted from workers' paychecks to fund the Medicare program, which provides healthcare benefits to eligible elderly and disabled individuals.

Provision

A clause in a legal document or law that stipulates a particular requirement or action.

Unemployment Benefits

Financial payments provided by the government to individuals who are unemployed through no fault of their own and meet other eligibility requirements.