The Paying of a Fee to Use Another Firm's Name,resources,and

question 27

Multiple Choice

The paying of a fee to use another firm's name,resources,and operating systems is called __________.

• A) licensing
• B) franchising
• C) importing
• D) leasing

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Definitions:

SEC

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

Blue-Sky Laws

are state regulations designed to protect investors against securities fraud by requiring the registration of securities offerings and disclosure.

Federal Securities Regulations

Laws and regulations established at the federal level aimed at protecting investors, maintaining fair and orderly functioning of securities markets, and facilitating capital formation.

Registration Statement

A set of documents, including a prospectus, required by regulatory authorities before a company can issue stock to the public.