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Suppose an individual who was previously known to have intelligence is tested several years later. On the second test, while the individual is within the normal range on verbal scales, her scores on performance scales have dropped to well below normal. What might you suspect?
Securities Act of 1933
A U.S. federal law that regulates the sale of securities to the public, requiring transparency and disclosure to protect investors.
Liability
The state of being legally responsible for something, especially in terms of owing something to someone or for actions causing harm or damage.
Tender Offer
A public offer made by an entity or individual to purchase a substantial portion of a company’s shares or bonds at a specified price and within a specific time.
Securities Exchange Act
U.S. legislation that regulates the trading of securities to protect investors and maintain fair and efficient markets.
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