Examlex
Which of the following is true about the Bear Stearns fund managers?
Legal Reason
A rationale or basis that is recognized or upheld by the legal system.
State Laws
The body of law enacted by each state or territory in the United States governing local affairs.
Discrimination
Unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.
Federal Laws
Regulations established by the national government that apply throughout the country, superseding state and local laws where there is conflict.
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