Claire works for Mattco but owns no Mattco stock. She buys 10 shares of a new issue of company stock and afterward receives the signed registration statement, which contains an untrue statement of material fact. Because Claire works for Mattco, she recognizes the error. Can Claire sue the auditor?
A) Yes, under Section 11, reliance is usually not required.
B) Yes, if she can prove she would not have bought the stock otherwise.
C) No, because she did not rely on the statement.
D) No, because there is no privity between Barbara and the auditor.
A
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a. departmental gross profit. b. departmental operating income. c. departmental operating expenses. d. departmental direct operating margin.
Which sentence is best expressed?
A) Being as gas prices are now increasing again, would you like to form a carpool? B) Because gas prices have increased so much, would you like to form a carpool? C) Being that gas prices have increased so much, would you like to form a carpool?
If Edmund and Kaylin have a writing mistakenly showing a sale and purchase of goods for $10,000 when the price should have been $1,000, a court will most likely
a. enforce the agreement, relying on oral testimony to determine the correct price. b. only enforce the agreement as written. c. not hear the case unless both parties are merchants. d. not enforce the agreement since the writing did not reflect a meeting of the minds of the parties.
Individual Medicaid policies must return in benefits at least 60 percent of the premium earned
Indicate whether the statement is true or false