MATCHING -Each Defendant Is Responsible Individually and Together

question 53

Multiple Choice

MATCHING
-each defendant is responsible individually and together

• A)reasonable care
• B)breach of duty
• C)hypothesis
• D)risk-benefit analysis
• E)standard
• F)res ipsa loquitur
• G)joint and several liability
• H)custom
• I)frolic
• J)subjective standard
• K)negligence per se
• L)factor
• M)joint enterprise
• N)family purpose doctrine
• O)respondeat superior

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Definitions:

Registered Security

A financial security whose owner is registered with the issuing company, ensuring the owner's claim to future dividends or proceeds from sales.

Rule 147

A regulation under the U.S. Securities Act of 1933 that provides a safe harbor for the intrastate offering of securities, exempting them from federal registration requirements.

Intrastate Exemption

Intrastate exemption refers to regulatory permissions allowing companies to conduct business strictly within one state, exempting them from certain federal regulations.

SEC

The U.S. Securities and Exchange Commission, an agency responsible for enforcing federal securities laws and regulating the securities industry, stock and options exchanges.