A Publicly Traded Company Files a Form 8K with the SEC

question 33

Multiple Choice

A publicly traded company files a Form 8K with the SEC:

• A) Monthly, after it has been audited
• B) Quarterly, after a CPA has performed a review
• C) Annually, after a CPA has performed an audit
• D) Occasionally, but not according to a fixed schedule

Understand the implications of specific UCC sections related to notice and knowledge of facts that affect negotiable instruments.

Identify when and how legal principles, such as the shelter principle, apply in cases involving negotiable instruments.

Understand the characteristics and requirements to become a holder in due course (HDC) and the benefits and protections afforded to HDCs.

Identify and describe the types of endorsements and their legal implications.

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Definitions:

American Manufacturers

Companies based in the United States that produce and sell goods within the country and/or internationally.

Fixed Rate System

A regime where a country’s currency is tied to another currency or a basket of currencies at a set exchange rate.

International Treaty

A formal agreement between two or more countries that is recognized and governed by international law.

International Monetary Fund

A global organization created to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.