Final Exam Flashcards
Which of the following is a true statement about the legislative and interpretive rule is by administration agency
The making of legislative rules is subject to the notice public participation requirements
Good man CO. a US corporation manufactures paper clips in the Philippines, During 2019 a political revolution occurs and all industries in the Philippines are nationalized. The Philippine government pays Goodman 40 percent of the value of the assets it seized.
Confiscation
Clean air act
Requires each state to develop state implementation plan and places primary enforcement burden on states
Glick, ink , and Ayeats Corp are large manufactures of goods that are in substantial competition throughout the aaus . over q a six year period, Yeats acquired 46 percent of the outstanding stock of glick.
The interlocking directorate is a clear violation of federal antitrust law
Dick Grubar’s appliance sale constitute less than .001 percent of the market. The marketplace has an abundance of retailers and competition is vigorous. The manufacture and retailers dislike Grubar’s price cutting
Grubar is entitled to the relief requested because the fact indicate a per se violation
A television commercial depicts a set of false teeth dunked a in a glass of bubbly water and the pulled out shining clean and white. In reality the set of false teeth is not the same stained set that was put into the bubbly water. Is this commercial deceptive
Yes, because the public is being misled as to the seller’s objective proof of product claim
Under the fair credit reporting act, a consumer reporting a credit bureau must
Allow consumers to see information about them that results in their being denied credit
Which of the following statement is true regarding the proxy solicitation requirements of section 14a of the securities exchange act of 1934
A corporation must file it’s proxy statement with the SEC if it is a reporting company under the securities exchange act of 1934
Pursuant to regulation D of the securities of act 1933 , pate crop. Is offering three million of its securities solely to accredited investors, under regulation D, Pate is
Not required to provide any specified information to the accredited investors
Which of the following disclosures must be contained in a securities registration statement filed under the securities act of 1933?
The principal proposes for which the offering proceeds will be use
