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Perhaps comforted by that SEC chairman's assurances that reporters wouldn't be sued, Winans agreed to disclose the subject of the next day's column to a broker who sometimes traded on that information, giving Winans a small portion of his profit.
Personal property is any personal property of a type that is actively traded.
With a stock that had gapped down at least 2 points or $2, if I traded 1,000 shares and it dosed the gap, I made a quick $2,000," Jones explains.
Those who claim that wages will be equalized or that the price of commodities traded in the region will be reduced any time soon are in for a few surprises.
Based on this assessment, the value of the traded asset -- representing the amount a willing buyer would pay up to its historical carrying amount -- is reclassified to prepaid marketing expense.