Steven Wong was an ace financial advisor. He placed millions of dollars on behalf of his clients into certain debentures of Tippett Holdings Ltd
He did not inform his clients that he received hundreds of thousands in commissions from Tippett for obtaining all this investment. On the other hand, all of his clients made money on their Tippett holdings. Can any of his clients sue Wong?
A) No. They have not suffered any financial loss
B) No. Wong has not given negligent professional advice
C) No. Wong has not placed his own interests above those of his clients
D) Yes. Wong has committed a breach of fiduciary duty
E) Both A and B
D
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_________ are exchanges of messages about a particular topic using e-mail, professional blog space, and other electronic tools to encourage participation that will ideally lead to new ideas, strategic planning, and sound decision making.
a. Blogs b. E-mail dialogues c. Listservs d. none of the above
Which of the following statements is true of bankruptcy judges?
A. They are considered to be units of the court of appeals. B. If a dispute falls within a core proceeding, the bankruptcy judge can hear and determine the controversy. C. If a dispute is not a core proceeding but involves a state law claim, then the bankruptcy judge can act as the district court judge. D. They are considered to be units of local circuit courts.
Compare and contrast the following sources of leadership: external leadership, participative leadership, and self-leadership.
What will be an ideal response?
A ________ is a good, service, idea, place, or person--whatever is offered for sale in the exchange
A) product B) place C) utility D) benefit E) demand