(1) what is the major difference between the securities act of 1933 & 1934? (2) why is it that many commentators have stated that the 1933 act requirement created the profession of certified public accountancy? (3) harry and moe decide to form a corporation by transferring $50,000 each in exchange for corporate stock. (a) does the stock qualify as an exempt security? (b) does this qualify as an exempt transaction? (c) if you answer "yes" to a or b above, which exemption specifically applies? (4) what are the defenses a cpa firm might use if accused of violating the 1933 act?

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

Clara client has just been presented with a standard representation agreement by the law firm of yatz & berger. clara's first language is german. although she speaks and reads everyday english quite well, the legal terms in the contract confuse her. yatz & berger should question 90 options: have someone in the firm, if possible, or a translator from outside of the firm, explain the terms of the contract thoroughly until clara has a full and complete understanding of its terms. advise clara to take the contract home and study it before signing it. have a paralegal explain the most important clauses in the contract to clara in smaller, plain english words. advise clara to sign the contract and take her copy home for study.

Due to rapid employee turnover in the accounting department, the following transactions involving intangible assets were improperly recorded by bridgeport corporation. 1. bridgeport developed a new manufacturing process, incurring research and development costs of $195,600. the company also purchased a patent for $45,200. in early january, bridgeport capitalized $240,800 as the cost of the patents. patent amortization expense of $12,040 was recorded based on a 20-year useful life. 2. on july 1, 2017, bridgeport purchased a small company and as a result recorded goodwill of $52,000. bridgeport recorded a half-year’s amortization in 2017, based on a 20-year life ($1,300 amortization). the goodwill has an indefinite life. prepare all journal entries necessary to correct any errors made during 2017. assume the books have not yet been closed for 2017.