Author Question: The Securities Litigation Uniform Standards Act of 1998 requires all states to amend their ... (Read 47 times)

altibaby · **on:** Jun 24, 2018

The Securities Litigation Uniform Standards Act of 1998 requires all states to amend their securities laws to conform to federal standards.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Gables purchased used Mercedes from a German company. The cars were built for the German market and met its safety and pollution requirements. Gables hoped to sell the cars in the U.S., and so shipped them to New York. Upon reaching Customs, the cars will:
a. not be passed through Customs because Germany does not have most favored nation status with the U.S. b. be passed through Customs because they are not products that would affect U.S. national security
c. not be allowed to pass because they are a major source of competition for U.S. automakers d. not be allowed because they are not new cars
e. none of the other choices