law 6 - A True Contracts to buy and sell securities are...

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Shareholders elect the officers of the corporation. B) False Failure to notify third parties that an agent no longer represents you leaves you open to contractual liability based on implied authority should the former agent enter into a contract with the third party in your name. B) False A partnership can be formed by an express agreement but not an implied agreement. B) False Partnerships are tax -paying entities. B) False The burden of proof when alleging a due diligence defense is on the expert.
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Unformatted text preview: A) True Contracts to buy and sell securities are finalized during the post effective period. A) True The prospectus provides expert analysis of a particular security's expectations of future worth. B) False Sarbanes-Oxley created the crime of conspiring to commit securities fraud. A) True Intent to deceive or mislead is called scienter. A) True Which of the following parties is not required to comply with the Securities Act of 1933? A) Buyers....
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This note was uploaded on 09/11/2011 for the course TERM 1 taught by Professor Smith during the Spring '11 term at FIT.

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law 6 - A True Contracts to buy and sell securities are...

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