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Coffee Shops

question 9

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Coffee shops.Bernice wants to open a chain of coffee shops and begins by asking her friends in various states around the country to invest through the purchase of securities in the coffee shops.Her friend Robbie says that he would like to invest but that she should be sure that she satisfies requirements of the Securities and Exchange Commission (SEC) .He tells her that she has to provide information to the SEC involving a description of the securities,an explanation of how proceeds will be used,information regarding the management of the company,and other matters.He tells her that she also has to provide a document to the SEC that will be provided as an advertising tool to potential investors who can rely on it to decide whether they should buy securities.Bernice says that she does not want to do that.She explains to Robbie that insofar as the coffee shop venture is concerned,she does not want to advertise,and she wants to offer securities only to a limited number of wealthy friends.Particularly,she has in mind Scott who has a net worth of at least $3 million and Mary,a psychiatrist.Mary recently filed bankruptcy because of some bad decisions involving an elaborate decoration of her office.Although her income for the past couple of years has been in the range of $80,000,business is improving based on her recent involvement with a number of patients suffering anxiety based upon a fear of alien invasion.Considering only the information available,which of the following is a term that would describe Scott as an investor?


Definitions:

Transduce

The process of converting one form of energy into another, as in sensory systems converting physical stimuli (e.g., light, sound) into neural signals.

Wavelength

The distance from the peak of one light wave or sound wave to the peak of the next. Electromagnetic wavelengths vary from the short gamma waves to the long pulses of radio transmission.

Intensity

The degree of strength, force, or concentration of a particular attribute or activity.

Brightness

Brightness refers to the perception of visual light's intensity and is directly related to the psychophysical experience of how "light" or "dark" an image appears.

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