Which of the following actions would be considered an unethical or prohibited business practice under the nasaa statement of policy on unethical or dishonest business practices of broker-dealers and agents? a) a properly licensed agent offering an unregistered exempt security for sale b) an agent borrowing money from an individual retail client who is a mortgage broker c) an agent stating that he has passed a qualification examination d) an agent suggesting that her client buy a stock on one exchange and sell it at the same time on another to take advantage of a temporary price disparity

Serious question, which is preferred in a business? pp or poopoo?

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan

Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.