Under the Securities Litigation Reform Act of 1995, companies have a safe harbor for forward-looking statements about the company made by executives.
a. True
b. False
Indicate whether the statement is true or false
Question 2
In United States v. Mead Corporation, where Mead sued Customs when it changed the classification of the planners Mead imported which resulted in Mead having to pay a 4 tariff, the Supreme Court held that:
a. the change in classification was unjustified so Mead did not owe any tariffs b. the case should be thrown out for lack of evidence
c. all rulings by Customs are equivalent to federal law so Mead had no case d. Mead should pay a 2 tariff as a compromise
e. none of the other choices are correct