Odell, an accountant, prepares for Pronto Tacos Corporation a financial statement that omits a material fact. The financial statement is included in Pronto Tacos's registration statement, which Qiana reads. Qiana buys Pronto Tacos stock. Under Section 11 of the Securities Act of 1933, for Odellto be liable for the omission, Qiana must show that she
a. relied on the omission.
b. suffered a loss on the stock.
c. knew about the omission before making her purchase.
d. is a sophisticated investor.
B
You might also like to view...
Sanborn Architectural Designs Inc has three partners that each earn $80,00 . per year, and three associates that earn $58,00 . per year. Each partner and associate has 2,00 . billable hours per year. Using an activity-based costing approach, if a partner worked 10 hours on a project, the amount of labor cost that should be billed to the project is:
a. $200. b. $320. c. $400. d. $500.
A business that practices a marketing orientation does not need to consider elements beyond the 4 Ps of the marketing mix
Indicate whether the statement is true or false
Career fairs ________
A) allow recruiters come to conduct on-campus interviews at a school B) give you a limited amount of time to impress recruiters C) are casual in nature and don't require you to wear professional clothing D) are best visited later in the day, after recruiters have finished meeting most of the job seekers E) are an opportunity to answer questions, not ask them
What is the appropriate term from systems theory for changes in the structure and process element in the open-systems model?
A. Positive feedback D. Homeostasis B. Negative feedback E. Morphogenesis C. Cybernetics