A written stop-payment order is effective for
a. ten days.
b. fourteen days.
c. six months.
d. one year.
C
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Akira purchased a certain number of securities and incurred losses due to a decline in the price of securities in the market. She held her accountant, Jason, liable for her entire loss. Given this information, which of the following statements is true?
A. Akira can hold Jason liable for her losses because he did not prove that he made a reasonable investigation and reasonably believed that the certified financial statements were accurate. B. Jason cannot be held liable because the losses were totally unrelated to the accountant's negligence. C. Akira can hold Jason liable for her losses because an accountant is liable to any purchaser of securities issued pursuant to a defective registration statement. D. Jason can be held liable because he did not demonstrate that the purchaser was aware of the omissions in the registration statement before buying the securities.
The three types of off-price retailers are: independents, factory outlets, and corporate chains
Indicate whether the statement is true or false
Some bonds mature in installments. If a bond issue contains this feature, the bonds are known as:
A. serial bonds. B. callable bonds. C. convertible bonds. D. secured bonds.
Defendants have to initiate a new law suit in order to complain against the plaintiff
Indicate whether the statement is true or false