Section 20(a) imposes __________ liability on every person who, directly or indirectly, controls any person liable under the 1934 Act, unless the controlling person acted in good faith and did not directly or indirectly induce the acts constituting the violation
a. strict
b. individual
c. joint and several
d. criminal
c
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The business form that offers the limited liability of a corporation and the tax status of a flow-through entity is
a. a close corporation. b. a sole proprietorship. c. a limited liability company. d. a general partnership.
How many months does the regular time output exceed plant capacity in the optimal solution to Scenario 8.2?
A) 0 B) 1 C) 2 D) 3
Commerce Bank files a suit against Drake, its former accountant, al¬leging constructive fraud. Drakemay be held liable
a. ifCommerce Bank cannot prove actual fraud. b. ifDrakewas grossly negligent in the performance of his duties. c. only if Drakeacted with fraudulent intent. d. only if Drakeimpersonated someone who could be liable for fraud.
If the mental or physical condition of a party to a suit is an issue raised by the other party the:
a. court cannot require an examination since that violates the constitutional right to privacy about medical issues b. court will only allow evidence from the experts of the plaintiff's choosing c. court will sanction a rule to comply d. party requesting the order must show a greater need for this information than for other kinds of discovery e. none of the other choices are correct