The president of a company says that new products to be introduced are sure to double company profits. Based on this, investors buy stock in the company, pushing up its price. The products flop, the company loses money, so the stock price falls. Investors are most likely to sue the president of the company under what theory provided by the securities law?
a. liability for mutual securities fraud b. liability for insider trading
c. liability for securities negligence d. liability for proxy fraud
e. none of the other choices
Question 2
Fraudulent Misrepresentation. Nosrat, a citizen of Iran, owned a hardware store with his brother-in-law, Edwin. Edwin induced Nosrat to sign a promissory note for 11,400, payable to a third party, telling Nosrat that the document was a credit application for the hardware store. Although Nosrat could read and write English, he failed to read the note or to notice that the document was clearly entitled PROMISSORY NOTE (SECURED) and Security Agreement. The money received from the third party in exchange for the note was spent by Edwin and others. When the third party sued for payment, Nosrat sought to void the note on the basis of Edwin's fraudulent inducement. Will Nosrat succeed in his attempt? Discuss.
When introduced into a new area, rabbits can overpopulate rapidly, becoming a nuisance, as on this u
Double-label fluorescence microscopy can visualize the relative distributions of
Sandwich or capture enzyme immunoassay for patient IgM (double capture: IgM capture, Ag capture).
Sex Hormone Products
Sex Hormone Products
Macaroni and cheese provides a double source of riboflavin from the pasta and the cheese