Which of the Following Events Would Be Material for Purposes

question 147

Multiple Choice

Which of the following events would be material for purposes of 10b and disclosure?

• A)a pending merger
• B)not meeting quarterly earnings expectations
• C)product liability lawsuit
• D)a and c only
• E)all of the above

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Definitions:

Inputs

Resources used in the production process, including raw materials, labor, and capital.

Outputs

The products, services, or results generated from an organization's processes, systems, or activities.

Corporations

Legal entities that are separate from their owners, with rights and liabilities distinct from those of its shareholders, and can enter contracts, own assets, and pay taxes.

Proprietorships

A sole proprietorship is a type of business entity that is owned and operated by one individual, with no legal distinction between the owner and the business.