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The Resource Conservation and Recovery Act

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4f. The Resource Conservation and Recovery Act addresses: a. the transportation, storage, and disposal of hazardous wastes. b. energy efficiency standards for specified products. c. the cleanup of hazardous waste sites. d. export limitations on products that cause significant pollution in their manufacture. e. mandatory recycling programs for certain specified substances.
4g. An issuer of securities subject to resale restrictions must do each of the following except: a, place a legend on the stock certificate describing the restriction. b. require each purchaser to sign an affidavit acknowledging the resale restriction. c. notify the transfer agent to not record a transfer that would violate the restriction. d. include a description of the restriction in the registration statement.
4h. What is required in order for a merger to be conducted under the short-form merger procedure? a. Approval by the Securities and Exchange Commission to use the short-form procedure. b. Agreement by both boards of directors to use the short-form procedure. c. An increase of less than 20 percent in the number of outstanding shares of the surviving corporation. d. The sale, prior to the merger, by the nonsurviving corporation of all its noncash assets. e. Ownership by the surviving parent corporation of at least 90 percent of the shares of the nonsurviving (subsidiary) corporation prior to the merger.
4i. An agency can: a. prosecute a violation of a rule. b. adopt a new rule. c. adjudicate a dispute over the violation of a rule. d. B or C only. e. A, B, or C.
4j. Solicitation of proxies is regulated under: a. the Proxy Solicitation Act of 1968. b. the Securities Act of 1933. c. the Williams Act. d. the Uniform Commercial Code. e. the Securities Exchange Act of 1934.

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Solution Preview

4f. The Resource Conservation and Recovery Act addresses: a. the transportation, storage, and disposal of hazardous wastes. b. energy efficiency standards for specified products. c. the cleanup of hazardous waste sites. d. export limitations on products that cause significant pollution in their manufacture. e. mandatory recycling programs for certain specified substances.
c. the cleanup of hazardous waste sites. The Act relates to waste disposal of different types.

4g. An issuer of securities subject to resale restrictions must do each of the following except: a, place a legend on the ...

Solution Summary

The Resource Conservation and Recovery Act is discussed very comprehensively in this explanation.

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