Essentials of Business Law Chapter 30

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Drizzle
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276570
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Essentials of Business Law Chapter 30
Updated:
2014-06-10 17:58:42
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Business Law
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Chapter 30
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  1. Securities and Exchange Commission (SEC)
    The federal agency responsible for administering the statutes relating to the sale and trading of securities.
  2. Securities Act of 1933
    The federal law covering the sale of securities (stocks, bonds, and other forms of investment) in the primary market.
  3. Primary market
    The place where a corporation (an issuer) sells its securities to the public.
  4. Prospectus
    A document that provides relevant and important information about a company, its businesses, and its prospects to prospective investors.
  5. Securities Exchange Act of 1934
    The federal law covering the trading of securities (stocks, bonds, and other forms of investment) in the secondary market.
  6. Secondary market
    The place where one member of the public sells securities to another member of the public.
  7. Touting
    An activity in which an investor who owns shares of a company's stock posts notices online-that indicate that the value of the stock will increase.
  8. Insider trading
    An illegal activity in which a person who has confidential information about a particular company purchases shares of the company's stock with the intention of selling these shares for a higher price when the information is released to the general public.
  9. Federal Trade Commission (FTC)
    The federal agency responsible for ensuring that advertising in the United States is truthfu.l
  10. Deceptive advertising
    An advertisement that contains a material misrepresentation, omission, or practice likely to mislead a consumer who acts reasonably under the circumstances.
  11. Digital Millennium Copyright Act (DMCA) of 1998
    A federal statute that provides that ISPs are not liable for copyright infringements by their subscribers so long as they adhere to certain requirements.
  12. Electronic Signatures in Global and National Commerce Act (ENSIGN) of 2000
    A federal statute that provides that electronic contracts containing electronic signatures are just as enforceable as those that are printed on paper.
  13. Alternative dispute resolution (ADR)
    A system in which contract disputes and other disagreements are resolved by using means other than a lawsuit.
  14. Mediation
    A process for dispute resolution in which a neutral third party meets with the disputants in order to have them come to some form of settlement agreement.
  15. Arbitration
    A process for dispute resolution in which a neutral third party decides a case as if he or she were a judge and jury.
  16. Nexus
    The link or tie that a location must have to a sale in order for the location to collect sales tax.
  17. Use tax
    A tax to a consumer who uses goods within a state, as opposed to buying them within the state.
  18. Internet Tax Freedom Act
    A federal statute that placed a moratorium on taxing Internet service providers on the services they provide to computer users.

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