A Form Filed with the SEC When a Company Changes

question 53

Multiple Choice

A form filed with the SEC when a company changes auditors is a:

• A)Form 8-K.
• B)Form 10-K.
• C)Form S-1.
• D)Form B-1.

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Definitions:

Verbal Agreement

A contract or agreement made through spoken words rather than in writing, which can be legally binding under certain conditions.

Specific Performance

A legal remedy requiring a party to perform a specific act, often used in contracts when monetary compensation is inadequate.

Breach of Contract

The violation of any of the agreed-upon terms and conditions in a contract without lawful excuse.

Unenforceable

A term describing a contract or agreement that, due to certain defects or circumstances, cannot be legally compelled or executed.