State laws designed to protect the public from the sale of worthless stocks are known as blue- sky laws.

a. true
b. false


Answer: a. true

Legal Studies & Paralegal

You might also like to view...

Which of the following is not one of the elements included in trespass to chattel? 

A. Unauthorized possession or interference with the use of another’s chattel  B. Intent to deprive or interfere the owner’s possession or use of personal property  C. Owner’s nonconsent to the tortfeasor’s possession and use of the chattel  D. None of these choices.

Legal Studies & Paralegal

A paralegal may lose his or her job and may experience difficulty finding a new job if the paralegal is known to have engaged in the unauthorized practice of law.

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal

Which of the following could reduce a witness's credibility??

A. ?A history of drug use B. ?A reputation in the community as a liar C. ?A criminal record D. All of these choices are correct.?

Legal Studies & Paralegal

?A partnership is based on a(n) ____ between two or more competent persons who agree to place some or all of their money or other assets, labor, and skill in a business, with the understanding that profits and losses will be proportionately shared.

A. ?mandatory contract B. ?involuntary arrangement C. ?voluntary contract D. ?None of these choices is correct.

Legal Studies & Paralegal