A Tip Hotline Should Include

question 6

Multiple Choice

A tip hotline should include:

• A) The Securities and Exchange Commission's toll free number.
• B) A hotline disclosure policy to protect the tipster as well as the accused.
• C) Caller ID so the receiving agency can call the tipster back.
• D) A minimum of three language options.

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Definitions:

Buyer Surplus

The difference between the highest price a consumer is willing to pay for a good or service and the actual price they pay.

Seller Surplus

The difference between the amount sellers are willing to accept for a good or service and the amount they actually receive.

Unconsummated Transaction

A deal or negotiation that has been discussed or agreed upon in principle but has not been finalized or completed.

Sales Tax

a tax imposed on sales of goods and services, typically calculated as a percentage of the purchase price.