Written Communication Should Be Used Only When Necessary

question 164

True/False

Written communication should be used only when necessary.

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Definitions:

Securities Act Of 1933

A U.S. federal law enacted to ensure transparency and fairness in the issuance of securities, requiring registration and disclosure to protect investors.

Promissory Note

A written, legally binding agreement in which one party promises to pay a defined sum of money to another party under specified conditions.

SEC

The U.S. Securities and Exchange Commission, a government agency responsible for regulating the securities industry and protecting investors.

Civil Fines

Monetary penalties imposed by a civil court or regulatory agency as punishment for violations of civil laws or regulations.