provide the correct word for each given definition. 1. profits made by directors

Question

provide the correct word for each given definition.

1. profits made by directors, officers, or owners of 10 percent or more of the securities of a corporation as a result of buying and selling the securities within a six month period: ____

2. a type of business organization formed and authorized by state law to act as a single or artificial person and to raise capital by issuing shares of stock to investors who become the owners of the business organization: ____

3. the rules of procedure by which a corporation will be managed: ____

4. a type of deed often referred to as a mortgage: _____

Explanation / Answer

1. profits made by directors, officers, or owners of 10 percent or more of the securities of a corporation as a result of buying and selling the securities within a six month period:

Short Swing Profit

2. a type of business organization formed and authorized by state law to act as a single or artificial person and to raise capital by issuing shares of stock to investors who become the owners of the business organization:

Corporation

3. the rules of procedure by which a corporation will be managed:

Need by laws

4. a type of deed often referred to as a mortgage:

Deed of Trust

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