From the e-Activity, create a scenario where your client intentionally violates
the Securities Act of 1933. Based on your scenario, predict the potential
remedies that the SEC could use in order to punish your client. Provide a
rationale for your response
Question #1 (AICPA.951121REGAR)
Clark and Hunt organized Jet Corp. with authorized voting common stock of $400,000. Clark
contributed $60,000 cash.
Both Clark and Hunt transferred other property in exchange for Jet stock as follows:
Question #1 (AICPA.950503REGAR)
Conner purchased 300 shares of Zinco stock for $30,000 in 1991. On May 23, 2009, Conner
sold all the stock to his daughter Alice for $20,000, its then fair market value. Conner
realized no other gain or loss during 2009. On
Question #1 (AICPA.120720REG)
Turner, Reed, and Sumner are equal partners in TRS partnership. Turner contributed land
with an adjusted basis of $20,000 and a fair market value (FMV) of $50,000. Reed
contributed equipment with an adjusted basis of
Question #1 (AICPA.910501REGBL)
Simpson, Ogden Corp.'s agent, needs a written agency agreement to
A. Enter into a series of sales contracts on Ogden's behalf.
B. Hire an attorney to collect a business debt owed to Ogden.
C. Purchase an interest in undevel
Watts gave a mortgage on a vacant lot to Fast to secure payment of a note. Fast assigned
the note and mortgage to Beal who paid 85% of the face value for it. Neither Fast nor Beal
recorded the mortgage. Subsequently, Fast assigned the same note an
Question #1 (AICPA.950513REGAR)
Which of the following is(are) among the requirements to enable a taxpayer to be classified
as a "qualifying widow(er)"?
I. A dependent has lived with the taxpayer for six months.
II. The taxpayer has maintained the cost of
Question #1 (AICPA.951135REGAR)
A distribution to an estate's sole beneficiary for the 2008 calendar year equaled $15,000,
the amount currently required to be distributed by the will. The estate's 2008 records were
Quiz Week 3
Question #1 (AICPA.900545REGBL)
Pulse Corp. maintained a warehouse where it stored its manufactured goods.
Pulse received an order from Star. Shortly after Pulse identified the goods to be shipped to
Star, but before moving them to the loading
Cost accounting chapter 5
Costing system refinement means making changes to a simple costing system that
reduces the use of broad averages for assigning the cost of resources to cost objects and
provides better measurement of the costs of overhead res
Give an example of material culture & non-material culture.
Material culture is physical objects produced by society. Ex. Tools, street, and
Non- material culture consists of the meanings that are shared by society. Ex.
1. What is stratification?
Stratification is an institutionalized pattern of inequality in which those who hold some
social statuses get more access to scarce resources than do others.
2. What is false consciousness?
False consciousness is a lack of
1. According to Durkheim and other structural functionalists, crime is functional for
society. Do you agree with this perspective? Explain your reasons for why you do
or do not agree.
I agree with Emile Durkheim and other structural functionalist,
The Power of Persuasion
I recently watched the Power of Persuasion with Robert Cialdini. In his introduction
the persuasion expert Robert Cialdini advised that anyone is able to seek knowledge.
Robert spoke about his own personal research project he condu
BIPOLAR DISORDER- 1
Running head: Bipolar Disorder
BIPOLAR DISORDER- 2
Bipolar disorder is defined by the National Institute of mental health as a manicdepressive illness otherwise known as a brain
1. Explain the definition of ethical relativism given in the text: the view that there is
no objective standard of right or wrong, even principle.
2. What is the difference between individual and social or cultural relativism?
3. What is