In Squish La Fish V

question 176

Multiple Choice

In Squish La Fish v. Thomco Specialty Products, involving an adhesive that did not work as claimed, the appeals court held that the claim of negligent misrepresentation:

• A) failed because the defendant only recommended a product made by another company
• B) failed because the defendant obtained no financial gain by the bad decision
• C) failed because the plaintiff is a sophisticated business and could evaluate the product
• D) could proceed because the defendant may have negligently provided false information
• E) could proceed because the defendant intended to extract a large payment from the plaintiff based on false information

Grasp the role and requirements of the PCAOB regarding public accounting firms.

Understand the components and purpose of a securities registration statement.

Understand the key provisions and intentions behind the Sarbanes-Oxley Act of 2002.

Identify the information required in SEC filings, including Form 10-Q, and the purpose of these filings.

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Definitions:

Future Needs

Anticipated requirements or demands that an organization or individual will need to address in the coming period.

Supply Objectives

Defined goals that guide an organization's procurement strategy aiming for efficiency and sustainability in obtaining goods and services necessary for operations.

Corporate Objectives

Specific, measurable goals that a corporation aims to achieve within a certain time frame to fulfill its strategic vision.

Integration Supply Information

The process of combining and managing supply-related information across different stages of the supply chain for better coordination and decision-making.