Questions from Business Law

Q: In what three ways did the Sarbanes-Oxley Act strengthen the

In what three ways did the Sarbanes-Oxley Act strengthen the enforcement of securities fraud?

Q: Eric Ethan, president of Inside-Outside Sports Equipment Company,

Eric Ethan, president of Inside-Outside Sports Equipment Company, has access to information which is not available to the general investor. What standard should Eric Ethan apply in deciding whether th...

Q: What is the purpose of Section 18 of the Securities Exchange Act

What is the purpose of Section 18 of the Securities Exchange Act of 1934?

Q: What are the limitations of the sole proprietorship?

What are the limitations of the sole proprietorship?

Q: Terry is the senior partner in an accounting firm. One of

Terry is the senior partner in an accounting firm. One of Terry’s partners performs an audit. The audited firm sues Terry, as the senior partner, for alleged errors in the audit. If Terry is found lia...

Q: Laura and Gary have formed a limited partnership, with Gary agreeing

Laura and Gary have formed a limited partnership, with Gary agreeing to be the general partner. This partnership has purchased supplies from Sam. Sam has received a promissory note signed on behalf of...

Q: (a) Although it is technically a corporation, the S

(a) Although it is technically a corporation, the S corporation has the attributes of which business organization when considering the taxation factor? (b) What is the implication of this treatment if...

Q: What is the advantage of this organizational form compared to the S

What is the advantage of this organizational form compared to the S corporation?

Q: (a) Explain what it means to say that constitutions are

(a) Explain what it means to say that constitutions are the “highest laws of the nation.” (b) Explain the important distinctions between state and federal constitutions.

Q: (a) Explain the relationship of case law to the other

(a) Explain the relationship of case law to the other sources of law.