83. “Timber”, an online dating service, is about to be acquired by a larger company (a deal six months inthe making). Which of the following individuals could be liable for insider trading if they did not“disclose or abstain”? A. Chet, Timber’s CFO B. Chaz, an ex-employee at Timber who has not been involved with the company for over a year C. Taggart, an attorney who works at the firm representing Timber in the deal - he is not directly involved with the deal but has been paying close attention and knows something is up with Timber D. A & C only 84. It is unlikely that changes to Sarbanes-Oxley or Dodd-Frank will be sought anytime soon. 85. Hector works for Tiff’s Treats delivering yummy, delicious cookies. One day, Hector was texting hisboss to get an address for the next delivery when he ran right into Terry, causing her serious injuries.Tiff’s Treats has a clear policy against drivers texting while driving. Terry sued both Hector and Tiff’sTreats. Which of the following is TRUE?
86. Cutie’s Cupcake Factory bought their flour and sugar from Sweetie’s Supply Store. One day Sweetie’smanager sent an email to the owner of Cutie’s telling her that Sweetie’s had an old oven they weregoing to throw out and that Cutie’s could have it if they wanted it. The owner of Cutie’s said yes andrented a truck for $200 to go pick up the oven. When she got there, the manager said he had changedhis mind about the oven. Which of the following is correct? 87. Bob’s front porch step is broken. Bob knows it is possible that someone could get hurt if they walk onit, but he says nothing about it and warns no one. Which of the following would have a valid caseagainst Bob for injuries sustained from the front step? A. Jason, a neighbor who was coming over to yell at Bob for leaving his trash can out again B. Lisa, Bob’s ex-girlfriend who Bob can’t stand and who was only coming over because Bob demanded that she return his favorite t-shirt C. Sue, a college student who was trying to get an up close view of Bob’s house while he was away so that she could decide if she might want to break in D. A & B only E. None of the above
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- Spring '08