Securities Offerings on the Internet Are

question 366

Multiple Choice

Securities offerings on the Internet are:

• A) prohibited by the SEC unless secondary to a regular offering
• B) permitted by the Capital Markets Efficiency Act but are not common
• C) permitted by the Capital Markets Efficiency Act, which preempts normal regulatory rules
• D) not subject to any controls because they evade the rules of the securities acts
• E) none of the other choices

Distinguish between actual, implied, and apparent authority in the context of agency law.

Identify the legal consequences for agents acting outside the scope of their authority.

Analyze the tort liability of principals for the acts of their agents, including negligence, respondeat superior, and unauthorized acts.

Understand the doctrines of ratification and adoption in the context of unauthorized contracts.

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Definitions:

Mortality

The occurrence of death within a population; often used in statistics to quantify the ratio of deaths in a particular population during a specific time frame.

Breast And Prostate Cancer

Types of cancer, with breast cancer occurring in the breast tissue and prostate cancer originating in the prostate gland, both with various treatment options and outcomes.

Lung Cancer

A type of cancer that begins in the lungs, often associated with smoking and environmental toxins.

American Cancer Society

A nationwide voluntary health organization dedicated to eliminating cancer as a major health problem through research, advocacy, and patient support.