Under the ________, the investor's reliance on the integrity of the market was found to justify a presumption of reliance on the misrepresentation.

A. efficient markets theory
B. fraud-on-the-market theory
C. misappropriation theory
D. classical theory


Answer: B

Business

You might also like to view...

Which of the following are manufacturer-owned facilities that do NOT carry inventory but provide selling functions for the manufacturer in a specific geographic area?

A) commission merchandise marts B) merchandise brokerages C) sales offices D) sales branches E) manufacturers' showrooms

Business

A ______ is composed of the implicit expectations of each party.

a. cultural conflict b. self-fulfilling prophecy c. psychological contract d. internal norm

Business

Expenses that are incurred directly or entirely in connection with the sale of merchandise are classified as

A) selling expenses B) general expenses C) other expenses D) administrative expenses

Business

A market researcher who uses primary research may use which of the following methods?

a. Boolean logic, observational studies, the hidden Internet b. Search engines, normative surveys, interviews c. Random sampling, website "hits," observational studies d. Observational studies, experimental research, normative survey research

Business