When Looking Glass Corporation wishes to issue certain securities, it must provide sufficient information for Alice, and other unsophisticated investors, to evaluate the financial risk involved. Specifically, the law imposes liability for making a false statement or omission that is "material." What sort of information would Alice consider material?
What will be an ideal response?
Most likely, Alice, and any other average unsophisticated investor, is not concerned with minor inaccuracies but with facts that if disclosed would tend to deter her from buying the securities. This would include facts that have an important bearing on the condition of the issuer and its business¾fraud, a dividend change, a significant change in the firm's financial condition, and a new discovery, process, or product, as well as its liability, loans to officers and directors, customer delinquencies, and pending lawsuits. Making false statements or omissions with respect to this type of information could subject a corporation to liability under the securities laws.
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A) behavioral characteristics B) national income C) attitude D) lifestyle
One may appropriately distribute a meeting agenda by e-mail
Indicate whether the statement is true or false
Behavioral targeting technology is being used by Internet retailers to offer different prices and promotional offers to different customers based upon their Internet and browsing habits. One potential downside to this practice is:
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If you own stock that has increased in price, it would be best to sell it after you have owned it for at least
A) 6 months and one day. B) 12 months and one day. C) 18 months and one day. D) 24 months and one day.