Is There a Private Right of Action Under Section 10b-5

question 111

Multiple Choice

Is there a private right of action under Section 10b-5 of the Securities Exchange act of 1934?

• A) yes, the Act expressly provides for a private right of action
• B) no, there is no such right under the Act
• C) There is a private cause of action, but only if consent to sue is issued by the Securities and Exchange Commission.
• D) There is no express private right of action, but courts have implied one.
• E) yes, but only injunctions, not money damages, may be sought

Calculate opportunity costs from given data.

Understand the implications of trade on output and consumption in different economies.

Recognize the potential for mutual benefits from trade between individuals or nations.

Understand how trade can lead to an increase in overall economic efficiency and output.