Federal securities laws are designed to protect financial institutions
Indicate whether the statement is true or false.
Answer: FALSE
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When, at the time of contracting, the goods are in the hands of a third-party bailee and are covered by a document of title, the risk passes to the buyer when he or she:
A. indulges in a breach of contract. B. receives the document of title. C. acknowledges the third-party bailee's right to possession. D. takes possession of the goods.
Electric power charges are an example of a mixed cost
Indicate whether the statement is true or false
Tara Keegan owns Live Well, a small chain of health stores offering a variety of natural health products and related services
In order to implement integrated marketing communications, Tara has hired a marketing communications director, whose job it will be to ensure that each ________ will deliver a consistent and positive message to consumers about the company. A) public relations message B) touchpoint C) advertisement D) logo E) media vehicle
Laura is an investor and a limited partner in a limited partnership
Two years after she becomes a limited partner, Laura thinks that the general partners are not doing a very good job managing the affairs of the limited partnership and participates in the management of the limited partnership. While she is participating in management, a bank loans $1 million to the limited partnership, believing that Laura is a general partner. If the limited partnership defaults on the $1 million loan, which of the following holds well? A) Laura is not personally liable as she is a limited partner on paper. B) Laura is personally liable if the bank, in good faith, thought she was a general partner. C) Laura has unlimited personal liability as a limited partner. D) Laura's liability is restricted to the value of her capital investment in the partnership.