Determine Whether the Argument Is Valid or Invalid

question 32

Multiple Choice

Determine whether the argument is valid or invalid.
-If Ann so wishes, then Bill will be the president. Manuel is a public defender or Bill will be the president. Manuel is not a public defender. Therefore, Ann does not so wish.

• A)Valid
• B)Invalid

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Definitions:

Statutory Insiders

Certain large stockholders, executive officers, and directors who are deemed insiders by the Securities Exchange Act of 1934.

Securities Exchange Act

A U.S. law governing the trading of securities, such as stocks and bonds, to protect investors against fraud.

Blue-Sky Laws

State laws in the United States designed to protect investors from securities fraud by regulating the offering and sale of securities to the public.

Interstate Securities

Securities transactions or offerings that occur across state lines, subject to federal laws and regulations.