Liability for misstatements by corporate executives can be imposed if the executives fail to tell some fact that they should have disclosed to help investors avoid losing money
a. True
b. False
Indicate whether the statement is true or false
True
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Customers who are technically naïve tend to be highly trusting of e-commerce websites.
Answer the following statement true (T) or false (F)
Engagement letters include all of the following except:
A. arrangements involving the use of specialists. B. a list of additional services that will be provided. C. information about the audit fee. D. a list of adjusting journal entries.
Darren is a certified interior designer with a lucrative client list in the city of Kelsa, situated in the state of Touslon. His business affords him a substantial amount of goodwill from his clients
Darren sells his accounting interior designing business to Glenda. When he sells his business to Glenda, Darren agrees not to open another interior designing firm in the city of Kelsa for a 25-year period. What kind of agreement exists between Darren and Glenda in this case? A) contract in restraint of trade B) covenant not to compete C) unconscionable contract D) quasi-contract
Manufacturers' agents
A. usually handle a full assortment of products from competing manufacturers. B. typically have a temporary relationship with a manufacturer, until a specific item is sold. C. usually handle products for only a few companies since the cost of adding additional lines is quite high. D. buy large inventories from small manufacturers-helping them acquire working capital. E. are frequently used by manufacturers to help introduce a new product.