Which is the best definition of scienter?
a. Fraudulent conduct in the purchase of a security.
b. A causal connection between a misstatement and a material loss.
c. A material omission of facts.
d. A wrongful state of mind when making a misrepresentation.
d
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The results of MUS sampling will be unacceptable when the total estimated misstatement exceeds which of the following?
a. The tolerable error rate. b. The tolerable misstatement amount. c. The expected deviation rate. d. The expected deviation amount.
Advantages of online focus groups include all of the following EXCEPT:
A) geographic distance is overcome for respondents. B) client can observe from home or office. C) respondents can be re-contacted easier. D) people are less inhibited in their responses. E) costs are equivalent to traditional focus groups.
Constructive abandonment of a trademark can occur through the trademark lapsing into genericism
a. True b. False Indicate whether the statement is true or false
Agents and principals have mutual fiduciary duties to one another
Indicate whether the statement is true or false