View attached explanation and answer. Let me know if you have any questions.Kindly note that I have highlighted Q24 in red since there was only one answer provided. However, other answers are highlighted in yellow. Thank you.
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Business Law Assignment
Student’s Name
Institutional Affiliation
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Business Law Assignment
1) Which of the following statement is true?
a) A breach of contract is a tort.
b) A breach of contract is a type of negligence.
c) Neither of the other answers is correct.
2) Bankruptcy law is exclusively state law.
a) True
b) False
3) The Securities Exchange Act of 1934 is primarily concerned with the trading of securities.
a) Before they have been offered to the public.
b) After they have been issued and are being publicly traded.
4) The Securities Act of 1933 is primarily concerned with disclosure of essential information about a
security offering
a) Before it is offered to the public.
b) After it is offered to the public.
5) A lawsuit alleging insider trading of securities will be filed under.
a) The securities exchange Act of 1934.
b) Federal bankruptcy law.
c) The securities Act of 1933.
6) Securities regulatory statutes are primarily concerned with.
a) Breaches of contract.
b) Neither of the other answers.
c) Tort actions.
7) A court case involving bankruptcy will be governed exclusively by
a) Federal law
b) State law
8) The securities and Exchange Commission
a) Is a consulting agency for investment advice.
b) Is a federal regulatory agency charged by Congress with administration of both the Securities
Act of 1933 and the securities Exchange Act of 1934.
c) Is a branch of the U.S Department of Justice.
9) Strict liability of an issuer of securities will result from
a) An antitrust violation.
b) None of the other answers.
c) A false statement or omission of a material fact in a registra…
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