Author Question: In City of Livonia Employees Retirement System v. Boeing Co, City sued Boeing on behalf of all ... (Read 208 times)

Coya19@aol.com · **on:** Jun 24, 2018

In City of Livonia Employees Retirement System v. Boeing Co, City sued Boeing on behalf of all persons who bought Boeing stock in a certain time period on the basis that the company was overly optimistic about the time schedule for the new 787 aircraft. When problems with the plane developed, the stock fell ten percent. Suit claimed that company executives made false statements about the plane, so committed securities fraud. The appeals court held that Boeing was not misleading in its forecasts about its financial future so was not liable to investors who lost money when things turned out worse than expected.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Dumping is:
a. the sale of foreign refuse in U.S. markets b. the export of U.S. goods at market rates
c. charging a lower price in foreign than in the home market d. receiving unfair subsidies for foreign governments
e. charging foreign consumers a higher price than in the home market