The Bigco Company Limited Is the Owner of a Number

question 58

True/False

The Bigco Company Limited is the owner of a number of commercial buildings in a large Ontario city.One of the directors,Michael,suggested that the corporation purchase a large apartment building.Another director,Christine,was the owner of a one-third interest in the building.
-If the corporation must sell securities to the public to raise the capital,a prospectus must be prepared and approved by the Ontario Securities Commission before a sale of securities may be made.

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Definitions:

Transportation

In geology, the movement of sediments from one location to another by water, wind, or ice.

Pebble's Particle Size

The measure of the grain size of pebbles, generally used in geology to classify sediment grains between 2 and 64 millimeters in diameter.

Increases

An upward trend or a rise in quantity, size, number, or degree in a measurable process or variable.

Easily Weathered

Referring to materials or minerals that break down or decompose quickly when exposed to weathering processes such as rain, wind, or temperature changes.