A Principal Is ________ If a Third Party Knows or Has

question 45

Multiple Choice

A principal is ________ if a third party knows or has a reason to know that the agent is acting for a principal and the principal's identity.

• A)formalized
• B)nonexistent
• C)disclosed
• D)undisclosed

Recognize the regulatory requirements for tender offers and additional share acquisitions, including SEC filing obligations.

Identify the key documents and information a potential investor should receive before investing in a company.

Understand the different methods of acquiring control over a corporation, such as stock acquisitions.

Comprehend the historical expansion of the Commerce Clause and its impact on business and regulatory practices.

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Definitions:

Taxable Bond Portfolio

A collection of bonds whose interest payments are subject to federal and possibly state income taxes.

Roth Retirement Plan

A type of retirement savings plan allowing taxable withdrawals to be made tax-free, provided certain conditions are met.

401k

An employer-backed retirement investment program that permits workers to allocate a part of their earnings for savings before any tax deductions.

403b Plan

A 403b plan is a tax-advantaged retirement savings plan available to employees of public education organizations, some non-profit employers, and certain ministers, similar to a 401(k) plan.