Prior to the issuance of the Uniform Guidelines, the only way to prove job relatedness was through ________

David has put together a limited partnership to invest in oil exploration. He wants to sell

limited partnership interests to investors. David plans to sell these interests to both accredited and nonaccredited investors. Which of the following best describes the status of David's partnership interests as to the 1933 Securities Act? A) This transaction is exempt as a private placement, only if David sells to no more than 35 accredited investors B) This transaction is exempt as a private placement C) This transaction is exempt as a private placement, only if David sells no more than $1.5 million worth of securities D) This transaction is exempt as a private placement, only if David sells to no more than 35 nonaccredited investors E) Limited partnership interests are not securities under the 1933 Act, so David is exempt

Assume that you are the manager of a U.S. company and you face an exchange rate of ¥120 per $1

Whenever you receive an order, rather than ship from your production facilities, you call in the order to a Japanese company and have the bill shipped to you directly. If the bill shipped to you is ¥7,500 and you can collect $65 per item sold to your customer, what would be your profit per item be if you pay the Japanese company ¥7,500? A) $1.50 per item B) $1.60 per item C) $2.50 per item D) $2.80 per item