To Insure That Information on the Soundness of an Investment

question 70

Short Answer

To insure that information on the soundness of an investment is passed on the prospective investors, several states have enacted ____________________ laws.

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Definitions:

Reference Group

A reference group is composed of people against whom an individual evaluates his or her situation or conduct.

Evaluative Group

A group used as a reference point for assessing or making judgments about something or someone.

Formal Organizations

Secondary groups designed to achieve explicit objectives.

Secondary Groups

Social groups characterized by impersonal, formal, and instrumental relationships, often focused on a specific goal or task.