Examlex
Which choice is true about Building Acceptance?
Debentures
A type of debt instrument not secured by physical assets or collateral but based on the issuer's creditworthiness and reputation.
Warrants
Warrants are legal documents issued by a governmental authority allowing law enforcement to carry out certain actions such as searches or arrests.
Section 16(b)
A provision under the Securities Exchange Act of 1934 that seeks to prevent insider trading by requiring profits gained from short-swing transactions by corporate insiders to be returned to the corporation.
Short-Swing Profits
Profits made from the sale of company stock within any six-month period by a statutory insider.
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