Cathy is an accountant with Discount Retail Corporation. Efrem buys Discount Retail stock and loses money on the investment. To recover from Cathy under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5, Efrem must prove
A) only the purchase and sale of a security
B) fraud, reliance, materiality, and lack of knowledge about securities.
C) fraud, reliance, materiality, and incompetence.
D) fraud, reliance, materiality, causation, and scienter.
D
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Which of the following is NOT a main part of managing the sales force?
A) recruiting and selecting sales representatives B) identifying prospects for sales representatives C) training sales representatives D) motivating sales representatives E) evaluating sales representatives
Khalil is buying a new phone for his son. What sort of customer is Khalil?
a. A decision maker b. A saboteur c. An economic buyer d. An end user
A living trust cannot be irrevocable.
Answer the following statement true (T) or false (F)
A limited partnership is liable ________.
A. for a general partner's tortious conduct, but not for contracts entered into by a general partner on behalf of the partnership B. for contracts entered into by a general partner on behalf of the partnership, but not for a general partner's tortious conduct C. for a general partner's tortious conduct and for contracts entered into by a general partner on behalf of the partnership D. for neither a general partner's tortious conduct, nor for contracts entered into by a general partner on behalf of the partnership