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NEW QUESTION: 1
Dr. Floss has just earned his dental degree and wants to establish a private dental practice. He has had a
bit of sticker shock at the price of all the equipment this will require him to purchase. Because he still has
a large student loan to repay, he has been unable to borrow any money from his financial institution. To
raise capital, he decides to sell fifty ownership interests of $1,000 each to interested investors and takes
out a full page ad in a local newspaper to advertise this investment. In this scenario:
A. Dr. Floss has not violated any laws since these ownership interests do not fall under the definition of a
security.
B. Dr. Floss has not violated any laws since the notes have a face value of only $1,000 and he is selling
them to a maximum of 50 different investors.
C. Dr. Floss can be charged with criminal fraud under the provisions of the Securities Exchange Act of
1 934.
D. Dr. Floss has violated the provisions of the Securities Act of 1933 and may face civil penalties.
Answer: D
Explanation:
If Dr. Floss offers fifty ownership interests of $1,000 each for sale to interested investors, he
has violated the provisions of the Securities Act of 1933, which requires that new securities be registered
unless they are exempt from registration, and may face civil penalties. There is no evidence that he has
made any misrepresentations or otherwise attempted to defraud investors, so he is not subject to criminal
fraud charges. The ownership interests do fall under the definition of a security.

NEW QUESTION: 2
What are the different categories of PL/SQL program units?
A. Primary
B. Named
C. Default
D. Unnamed
Answer: B,D
Explanation:
A named block is a PL/SQL block that Oracle stores in the database and can be called by name from any application. A named block is also known as a stored procedure. Named blocks can be called from any PL/SQL block. It has a declaration section, which is known as a header. The header may include the name of a block, type of the block, and parameter. The name and list of formal parameters are known as the signature of a subroutine. Once a named PL/SQL block is compiled, it gets permanently stored as p-code after compilation in the shared pool of the system global area. Therefore, the named block gets compiled only once. An anonymous block is a PL/SQL block that appears in a user's application and is neither named nor stored in the database. This block does not allow any mode of parameter. Anonymous block programs are effective in some situations. They are basically used when building scripts to seed data or perform one-time processing activities. They are also used when a user wants to nest activity in another PL/SQL block's execution section. Anonymous blocks are compiled each time they are executed.

NEW QUESTION: 3
Elizabeth is the owner of Lizbeth Investment Advisers, a small, state-registered investment advisory firm.
She has decided that her firm needs a niche and has learned that a consulting group is coming to the area
and offering a 3-day seminar on asset allocation for senior citizens offered by Advantage for Retirement
Persons (ARP). The seminar will cost $1,000 per individual, but after attending the seminar, each
attendee will receive a certificate verifying their involvement in the program. Elizabeth decides this is the
niche she has been looking for and signs up herself and her three investment adviser representatives for
the program. After attending the seminar and receiving their certificates, Elizabeth and her team can
A. do none of the above.
B. indicate that they are certified by the ARP program since money was paid for their attendance.
C. represent themselves as certified senior citizen investment advisers.
D. have the words "Senior-Citizen Investment Specialists" printed on their business cards.
Answer: A
Explanation:
After attending the ARP seminars on asset allocation for senior citizens, Elizabeth and her
team cannot represent themselves as certified senior citizen investment advisers, print "Senior-Citizen
Investment Specialists" on their business cards, or indicate that they are certified by the ARP program.
Under the NASAA model rules, their attendance does not entitle them to say they are in any way
especially certified to serve senior citizens. The attendance certification they received does not have any
competency requirements attached.

NEW QUESTION: 4
In which way would a company allow visitors external Internet access, while simultaneously preventing any unauthorized connection to the enterprise's internal resources and services?
A. Port Address Translation
B. port security with sticky learning
C. By dedicating a logical virtual network to handle the entire guest communication path
D. Network Address Translation
Answer: C

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