In 2014, the Department of Justice's Guidelines Regarding Enforcement of Federal

question 11

Multiple Choice

In 2014, the Department of Justice's guidelines regarding enforcement of federal laws against marijuana use called for

• A)strict enforcement of all federal laws in all states.
• B)strict enforcement of all federal laws in states that had not yet legalized marijuana use.
• C)no enforcement of federal laws in all states.
• D)no enforcement of federal laws in states that had legalized marijuana use.
• E)enforcement of certain provisions of federal laws, but not other provisions.

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Definitions:

Shareholders' Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership equity spread among shareholders.

Cash Dividends

A distribution of a portion of a company's earnings, decided by the board of directors, to its shareholders in the form of cash.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements.

Convertible Notes

Debt securities that can be converted into a predetermined number of the issuer's equity shares, usually at the option of the holder.