Questions from Business Law

Q: (a) Section 10(b) of the Securities Exchange

(a) Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 are of fundamental importance in the law of securities regulations. What is the main purpose of this section and rule? (b) Do yo...

Q: Donna, a corporate director, sold 100 shares of stock in

Donna, a corporate director, sold 100 shares of stock in her corporation on June 1, 2007. The selling price was $10.50 a share. Two months later, after the corporation had announced substantial losses...

Q: What are the dollar amounts related to fines and what are the

What are the dollar amounts related to fines and what are the number of years related to prison terms for those that violate the Securities Act of 1934?

Q: (a) Name three kinds of deeds to land and explain

(a) Name three kinds of deeds to land and explain what they mean. (b) Why is it important to register a deed? Discuss.

Q: (a) Who controls the closely held corporation? Explain.

(a) Who controls the closely held corporation? Explain. (b) Describe five techniques that a corporation might use to avoid the double taxation of corporate profits.

Q: (a) Give two additional terms for legislation. (

(a) Give two additional terms for legislation. (b) Why is uniformity of law important to business? How can legislators achieve uniformity of the laws affecting business? What is the most significant u...

Q: (a) Define stare decisis. What are its advantages?

(a) Define stare decisis. What are its advantages? Disadvantages? (b) What is the distinction between a precedent and dicta in judicial decisions, and how does this distinction relate to stare decisis...

Q: Explain how, in our society, ethical values frequently become law

Explain how, in our society, ethical values frequently become law and how legal regulation can promote change in ethical values. Describe several common ethical values that are found in law.

Q: Discuss why lawyers are sometimes viewed as being unethical. Is the

Discuss why lawyers are sometimes viewed as being unethical. Is the average lawyer more or less ethical than the average business manager?

Q: A study of one major company’s code of ethics by the Business

A study of one major company’s code of ethics by the Business Roundtable found that the lower the level of employees on the corporate ladder, the greater their hostility and cynicism toward codes of b...