1. The responsibility for hazardous waste by its creators is called?

2.Why is the definition of a security very broad?

3. Companies with registered securities must comply with the reporting provisions of the Securities Exchange Act of 1934. Which of the following reports must be filed? Select all that apply.

Quarterly Reports-Form 10-Q

Annual Reports-Form 10-K

Special Reports

Reporting Company Initial Statement

Monthly Reports-Form 10-M

Financial Value Reports-Form 10-F

4. Zane fraudulently convinces 7 individuals to invest $75,000 each in a business to upgrade the processes in a coal mine in Alabama. He promises that by upgrading the processes the mine is capable of increasing profits by 400% and he produces business plans and financial data. The business is not registered with the SEC. Ten months later, a private investigator discovers Zane hiding in Florida with most of the money. Do the 7 individuals have a cause of action against Zane under the Securities Exchange Act of 1934?

No, because the security was not registered with the SEC.

Yes. Under Section 10(b), the investors can sue Zane for his fraudulent scheme, even though the security was not registered with the SEC.

No, because the security was not sold on the Stock Exchange.