Question 1

A company filing Williams Act materials is not required to file proxy materials.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following actions can the SEC take if there is a violation of Section 14 on proxy solicitation?

Accepted Answer

A) an injunction preventing the vote with the proxies 
B) "unwinding" the election results 
C) order reimbursement of costs for second solicitation by the party who violated Section 14 
D) The SEC can take any of the above actions. 
A) an injunction preventing the vote with the proxies 
B) "unwinding" the election results 
C) order reimbursement of costs for second solicitation by the party who violated Section 14 
D) The SEC can take any of the above actions.

Question 3

Who would have standing to bring a civil suit under section 10(b)?

Accepted Answer

A) purchaser of shares 
B) contractor with firm who loses business 
C) person who refrained from buying because of overly pessimistic information 
D) person who refrained from selling because of overly optimistic information 
E) all of the above 
A) purchaser of shares 
B) contractor with firm who loses business 
C) person who refrained from buying because of overly pessimistic information 
D) person who refrained from selling because of overly optimistic information 
E) all of the above

Question 4

Which of the following can be done before the registration statement is effective?

Accepted Answer

A) tombstone ads 
B) red herrings 
C) offers to sell to accredited investors 
D) a and b 
E) all of the above 
A) tombstone ads 
B) red herrings 
C) offers to sell to accredited investors 
D) a and b 
E) all of the above

Question 5

Under Section 14,shareholders can make proposals for action in the proxy materials.

Accepted Answer

A) True 
 B)False

Question 6

Insider trading rules apply to information exchanged over the Internet and chat rooms.

Accepted Answer

A) True 
 B)False

Question 7

The due diligence defense is one that is easy to establish.

Accepted Answer

A) True 
 B)False

Question 8

Corporation A merges with Corporation B and becomes Corporation B.The transaction is a:

Accepted Answer

A) merger. 
B) consolidation. 
C) tender offer. 
D) none of the above 
A) merger. 
B) consolidation. 
C) tender offer. 
D) none of the above

Question 9

Which of the following requirements crosses all types of Regulation D exempt offerings?​

Accepted Answer

A) audited financial statements are required for all types of Reg D offerings 
B) ​there must be a registered portal for all Reg D offerings 
C) investors are limited in the amount of their investments 
D) none of the above cross all Reg D offerings 
A) audited financial statements are required for all types of Reg D offerings 
B) ​there must be a registered portal for all Reg D offerings 
C) investors are limited in the amount of their investments 
D) none of the above cross all Reg D offerings

Question 10

An auditor for a company cannot also perform appraisal functions.

Accepted Answer

A) True 
 B)False

A company filing Williams Act materials is not required to file proxy materials.

Which of the following actions can the SEC take if there is a violation of Section 14 on proxy solicitation?

Who would have standing to bring a civil suit under section 10(b)?

Which of the following can be done before the registration statement is effective?

Under Section 14,shareholders can make proposals for action in the proxy materials.

Insider trading rules apply to information exchanged over the Internet and chat rooms.

The due diligence defense is one that is easy to establish.

Corporation A merges with Corporation B and becomes Corporation B.The transaction is a:

Which of the following requirements crosses all types of Regulation D exempt offerings?

An auditor for a company cannot also perform appraisal functions.

Introduction to Law

Business Ethics and Social Responsibility

The Judicial System

Managing Disputes: Alternative Dispute Resolution and Litigation Strategies

Business and the Constitution

Administrative Law

International Law

Business Crime

Business Torts

Environmental Regulation and Sustainability

Contracts and Sales: Introduction and Formation

Contracts and Sales: Performance,Remedies,and Collection

Product Advertising and Liability

Business Competition: Antitrust

Business and Intellectual Property Law

Management of Employee Conduct: Agency

Governance and Structure: Forms of Doing Business

Management of Employee Welfare

Management: Employment Discrimination

Filters

Exam 18: Governance and Regulation: Securities Law

A company filing Williams Act materials is not required to file proxy materials.

Which of the following actions can the SEC take if there is a violation of Section 14 on proxy solicitation?

Who would have standing to bring a civil suit under section 10(b)?

Which of the following can be done before the registration statement is effective?

Under Section 14,shareholders can make proposals for action in the proxy materials.

Insider trading rules apply to information exchanged over the Internet and chat rooms.

The due diligence defense is one that is easy to establish.

Corporation A merges with Corporation B and becomes Corporation B.The transaction is a:

Which of the following requirements crosses all types of Regulation D exempt offerings?​

An auditor for a company cannot also perform appraisal functions.

Introduction to Law

Business Ethics and Social Responsibility

The Judicial System

Managing Disputes: Alternative Dispute Resolution and Litigation Strategies

Business and the Constitution

Administrative Law

International Law

Business Crime

Business Torts

Environmental Regulation and Sustainability

Contracts and Sales: Introduction and Formation

Contracts and Sales: Performance,Remedies,and Collection

Product Advertising and Liability

Business Competition: Antitrust

Business and Intellectual Property Law

Management of Employee Conduct: Agency

Governance and Structure: Forms of Doing Business

Management of Employee Welfare

Management: Employment Discrimination

Filters

Which of the following requirements crosses all types of Regulation D exempt offerings?