Under the Security and Exchange Commission (SEC),publicly Traded Companies Are

question 90

True/False

Under the Security and Exchange Commission (SEC),publicly traded companies are required to announce major information to the general public,rather than first disclosing the information to selected major investors.

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Definitions:

Assignment

The transfer of rights, property, or obligations from one party to another, often seen in contracts and legal agreements.

Notice

A formal communication or indication to someone about a fact, requirement, or intention.

Equitable Remedy

Remedies granted by courts in situations where monetary damages are inadequate, including injunctions and specific performance, based on principles of fairness.

Breach of Contract

The act of not executing any part of a contract, be it written or oral, without an acceptable legal excuse.