Which of the Following Statements Is TRUE

question 13

Multiple Choice

Which of the following statements is TRUE?

• A) A law suit may be brought against human beings, corporations, and unincorporated associations.
• B) In order to sue in Canadian courts, a person must either be a Canadian citizen or be represented by a lawyer who is a Canadian citizen.
• C) A young child who is sued will be represented by an adult who acts in parens patriae.
• D) Foreign corporations, like Canadian corporations, have an absolute right to sue in Canadian courts.
• E) Trade unions sometimes can sue or be sued even though they are unincorporated associations.

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Definitions:

Securities Act Of 1933

A U.S. federal law enacted to ensure more transparency in financial statements so investors can make informed decisions about investments.

Providing Investors

The act of offering opportunities or information to individuals or entities willing to allocate resources with the expectation of a future financial return.

Buying And Selling Decisions

The process of evaluating and determining whether to purchase or sell goods, assets, or services, usually based on factors such as price, quality, and timing.

More Information

An expression used to request or signify the need for additional data or details.