This topic contains a solution. Click here to go to the answer

Author Question: The state of Arizona follows a merit review process of proposed securities offerings. The Securities ... (Read 189 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
The state of Arizona follows a merit review process of proposed securities offerings. The Securities Division reviews proposed offerings to look for problems with fraud. This review is done in addition to the SEC review at the federal level. The state regulators have recently issued an interpretation that provides the state can stop all stock offerings of any firms doing business in Arizona - even if the stock will not be sold to Arizona residents. Can the regulators constitutionally exercise this power?

Question 2

The CISG:
 A) is the contract law of the EU.
 B) is part of GATT.
 C) was drafted by a commission of the United Nations.
 D) has been adopted in virtually every nation.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

thall411

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

In Arizona Corporation Commission v. Media Products, Inc., 736 P.2d 527 (Az. 1989), the Arizona Supreme Court said no. Such an exercise of power was preempted by federal securities laws, and Arizona could not regulate all securities offerings from its state.

Answer to Question 2

C




mydiamond

  • Member
  • Posts: 804
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

For a complete list of videos, visit our video library