Errors in a Software Program Are Referred to as

question 14

Multiple Choice

Errors in a software program are referred to as

• A)software omissions.
• B)bugs.
• C)viruses.
• D)bad recipe.

Comprehend the exemptions from registration requirements for certain offerings and businesses.

Grasp the continuous disclosure requirements under the Securities Exchange Act of 1934.

Understand the liability for misrepresentation and fraud in securities offerings and trading.

Recognize the role and impact of state securities laws in conjunction with federal laws.

---

Definitions:

Separate Entity

A principle acknowledging that a business has its own legal identity, distinct from its owners or members, allowing it to own property, incur debts, and enter into contracts independently.

UPA

Uniform Partnership Act, a standardized set of laws intended to regulate the operation of partnerships within the United States.

Tenant In Partnership

A member of a partnership who has rights to use property owned by the partnership.

Profits

The income that remains after subtracting a company's expenses from its revenue.