BUS 670 Securities

Topics: U.S. Securities and Exchange Commission, Education, College Pages: 2 (491 words) Published: October 27, 2014

This archive file of BUS 670 Securities contains: Respond to Chapter 45, Problem 14 on sale of securities: Amenity, Inc. was incorporated with 1 million authorized shares, which were issued to Capital General Corporation (CGC) for $2,000. CGC distributed 90,000 of those shares to about 900 of its clients, business associates, and other contacts to create and maintain goodwill among its clients and contacts. CGC did not receive any monetary or other direct financial consideration from those receiving the stock. Amenity had no actual business function at this time, and its sole asset was the $2,000 CGC had paid for the 1 million shares. Through CGC Business - General Business

Securities Law . Private University, a private nonprofit educational institution located in California, decides to issue “Shares in Learning” certificates in a one-time offering to the public. These shares will be sold for $500 each and entitle the bearer to redeem each certificate for two undergraduate or one graduate college credit in any of its schools at any time in the future. The shares may also be resold without restriction by the initial purchaser. The offering will be made via the Internet.

Will the offering need to be registered with the Securities and Exchange Commission (SEC) under the Securities Act of 1933? Explain. Does your answer differ if “Shares in Learning” are issued by Private College, a proprietary for-profit institution that does business in all 50 states? Why?

No one ever said going to college was easy. You are in brand new surroundings with strangers everywhere you look. Frequently, adjustment to this new world can pose a challenge. This information is for your ears. Use that advice given to help you transition seamlessly into college.

This archive file of BUS 670 Securities contains: Respond to Chapter 45, Problem 14 on sale of securities: Amenity...

For downloading more tutorials visit - https://bitly.com/1oIw5fu

No one ever said going to...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Bus 670 Final Paper
  • BUS 670 US Constitution Essay
  • Essay about security
  • BUS 410 Lect 7 Securities Firms Essay
  • the bus Essay
  • Bus Essay
  • BUS 670 Week 4 Legal and Ethical Issues Essay
  • BUS 346 Essay

Become a StudyMode Member

Sign Up - It's Free