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Question
The writing evidencing a negotiable instrument must be reproduced on high-quality, letter- or legal-size paper.Answer
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Related questions
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b. look in a telephone directory.
c. review listings in the Martindale-Hubbell Law Directory.
d. all of the above.
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No state has a law that allows employees access to their personnel records.
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A corporate agent is personally liable for contracts entered into on the corporation's behalf.
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A shareholder agreement defines relative ownership rights and interests.
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A buy-sell agreement establishes the criteria for the price to be paid a shareholder for his or her ownership interest.
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All corporate business forms offer limited liability to their owners.
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The law considers all new, single-owner businesses to be limited liability companies unless the owner affirmatively adopts some other form.
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Errors in bookkeeping can provoke litigation.
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A businessperson cannot incur a penalty for violating a law or regulation of which he or she is unaware.
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Fact Pattern 41-1
Adam, a director of Beta Computer Company, learns that a Beta engineer has developed a new, significantly faster computer chip. Adam buys Beta stock and tells his friend Cathy, who also buys Beta stock. When the new chip is announced three weeks later, Adam and Cathy sell their stock for a big profit.
Refer to Fact Pattern 41-1. Regarding Adam's profits on the purchase and sale of Beta stock, under Section 16(b) of the Securities Exchange Act of 1934 Beta may recapture
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Fact Pattern 41-1
Adam, a director of Beta Computer Company, learns that a Beta engineer has developed a new, significantly faster computer chip. Adam buys Beta stock and tells his friend Cathy, who also buys Beta stock. When the new chip is announced three weeks later, Adam and Cathy sell their stock for a big profit.
Refer to Fact Pattern 41-1. Under SEC Rule l0b-5, Adam would not be liable if he had waited to buy Beta stock until
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b. after Cathy bought Beta stock.
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To raise capital to form Apex Corporation with Bert, Carla sells bonds and stock in other companies, and plans to register an initial public offering under the Securities Act of 1933. SEC Rule l0b-5 covers
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Alpha, Inc., a corporation traded on a national stock exchange, wants to offer bonds for sale to the public. Beta Insurance Company, a state-regulated insurance company, wants to offer annuity contracts for sale to the public. Before any sale, registration must be made with the SEC for
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Generally, states have disclosure requirements patterned after federal securities law.
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Private parties cannot sue violators of Section 10(b) and Rule 10b-5.
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Any corporation with more than $10 million in assets must register with the Securities and Exchange Commission.
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a. for a violation of a treaty of the United States only.
b. for a violation of a treaty of the United States or of the law of nations.
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a. a confiscation.
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China and India form an agreement to govern their commercial exchanges with one another. This is
a. a bilateral agreement.
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d. a unilateral agreement.
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Congress cannot impose any restrictions on exports except taxes.
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Expropriation, even with the payment of just compensation, violates generally observed principles of international law.
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A party to a licensing agreement generally agrees to pay royalties on some basis.
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