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NEW QUESTION: 1
Ms. Naivete gave Mr. Smooth, owner of Smooth Construction, $40,000 in return for a promissory note that
promised to pay interest at the rate of 8% a quarter, with a repayment of principal at the end of two years.
The money would be used by Mr. Smooth to rehab a few beach condo units that had been severely
hurricane-damaged and that Mr. Smooth had been able to purchase for "pennies on the dollar," or so he
said. The first units would be completed within a month, and the rents would be used to make the interest
payments. The investment was almost as risk-free as U.S. government bonds, Mr. Smooth claimed. By
the end of the second year, Ms. Naivete had received a lot of fast talk and only one of the promised
interest payments. Have there been any violation of securities laws in this instance?
A. Both B and C are true statements.
B. Yes. Ms. Naivete has been defrauded by Mr. Smooth.
C. Yes. Mr. Smooth was required to register the promissory note before he offered it for sale.
D. No. This was simply a loan transacted between two parties.
Answer: A
Explanation:
Yes, there have been violations of securities laws in this instance; the promissory note
required registration, and Ms. Naivete has been defrauded. Promissory notes are considered to be
securities as defined by the Uniform Securities Act and, as such, must be registered with the state before
they can be offered for sale. Furthermore, a promissory note is a promise to repay, and Mr. Smooth has
defaulted on this promise after telling Ms. Naivete that the investment was close to being risk-free. In
essence, he took Ms. Naivete's money under false pretenses when he sold her the note, and that is the
definition of fraud.
NEW QUESTION: 2
Kim is configuring key rollover settings for users in the organization. She has already specified the existing key strength and age that will trigger a user key rollover. What is another trigger Kim can set to initiate user key rollover?
A. The IBM Notes client version authenticating with the server.
B. The location of the stored key set.
C. The certifier used to create the original key.
D. The creation date of the existing key.
Answer: D
NEW QUESTION: 3
You have a Microsoft 365 subscription.
You need to modify the anti-spam settings to meet the following requirements:
* Quarantine spam for 30 days.
* Notify administrators if users are blocked for sending spam.
* Every three days, provide users with a report that details which email messages were identified as spam.
Which spam filter policy should you modify to meet each requirement? To answer, drag the appropriate policies to the correct requirements. Each policy may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation
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