politics of the united statesIn $1948$, Father Terminiello, a Roman Catholic priest, arrived to make a speech at a Chicago auditorium. Outside the auditorium about $300$ people were picketing his speech. Inside, Terminiello criticized Jews and African Americans, as well as the crowd outside. By the time his speech was finished, $1,500$ people had gathered outside. A police line prevented the protesters from entering the building. However, the "howling mob" outside was throwing stones and bricks at the building, and the police were unable to maintain control. The crowd was also yelling at and harassing people who came to hear Terminiello speak.
Terminiello was arrested and charged with disorderly conduct under an ordinance forbidding any breach of the peace. He was convicted, and his conviction was upheld in the Illinois courts. However, in a $5$-to-$4$ decision, the U.S. Supreme Court reversed his conviction, ruling that the breach of the peace ordinance was vague and punished some speech that should have been protected.
Should the police have controlled the crowd instead of arresting Terminiello? Did the police violate his First Amendment rights? Why or why not? financeMulberry Services sells electronic data processing services to firms too small to own their own computing equipment. Mulberry had the following accounts and account balances as of January 1, 2019:
|Particulars|Amount|
|-|-:|
Accounts Payable |$14,000
Accounts Receivable |130,000
Cash |6,000
Common Stock |114,000
Interest Payable |8,000
Notes Payable (Long-term) |80,000
Prepaid Rent (Short-term) |96,000
Retained Earnings, 12/31/2018 |16,000
During 2019, the following transactions occurred (the events described below are aggregations
of many individual events):
a. During 2019, Mulberry sold$690,000 of computing services, all on credit.
b. Mulberry collected $570,000 from the credit sales in Transaction a and an additional$129,000 from the accounts receivable outstanding at the beginning of the year.
c. Mulberry paid the interest payable of $8,000.
d. Wages of$379,000 were paid in cash.
e. Repairs and maintenance of $9,000 were incurred and paid.
f. The prepaid rent at the beginning of the year was used in 2019. In addition,$28,000 of computer rental costs were incurred and paid. There is no prepaid rent or rent payable at year-end.
g. Mulberry purchased computer paper for $13,000 cash in late December. None of the paper
was used by year-end.
h. Advertising expense of$26,000 was incurred and paid.
i. Income tax of $10,300 was incurred and paid in 2019.
j. Interest of$5,000 was paid on the long-term loan.
**Required:**
Post your journal entries to T-accounts. Add additional T-accounts when needed. politics of the united statesDale Emerson served as the chief financial officer for Reliant Electric Company, a distributor of electricity serving portions of Montana and North Dakota. Reliant was in the final stages of planning a takeover of Dakota Gasworks, Inc., a natural gas distributor that operated solely within North Dakota. Emerson went on a weekend fishing trip with his uncle, Ernest Wallace. Emerson mentioned to Wallace that he had been putting in a lot of extra hours at the office planning a takeover of Dakota Gasworks. When he returned from the fishing trip, Wallace purchased $\$ 20,000$ worth of Reliant stock. Three weeks later, Reliant made a tender offer to Dakota Gasworks stockholders and purchased $57$ percent of Dakota Gasworks stock. Over the next two weeks, the price of Reliant stock rose $72$ percent before leveling out. Wallace then sold his Reliant stock for a gross profit of $\$ 14,400$. Using the information presented in the chapter, answer the following questions.
Did Emerson violate Section $10$(b) of the Securities Exchange Act of $1934$ and SEC Rule $10b-5$? Why or why not? 13th Edition•ISBN: 9780321924957Karl E. Byleen, Michael R. Ziegler, Michae Ziegler, Raymond A. Barnett3,913 solutions
6th Edition•ISBN: 9780078692512McGraw-Hill Education3,760 solutions
6th Edition•ISBN: 9780357041178Spencer A. Rathus380 solutions
15th Edition•ISBN: 9780205994861Susan A. MacManus, Thomas R. Dye177 solutions
