Examlex
________ shoppers, who have more to lose when they make a bad purchase, actually search less before they buy than do ________ shoppers.
Public Announcement
A statement or declaration made to the general public, often by a company or government entity, regarding important information.
Merger
The combination of two or more companies into a single entity, typically involving the absorption of one by the other.
Securities Act of 1933
A United States federal law enacted as a result of the stock market crash of 1929, requiring that securities sold in the United States be registered and that investors receive significant information about securities being offered.
Due Diligence Defense
A legal defense used in securities law, indicating that the defendants conducted a thorough investigation and did not find any misrepresentations or omissions.
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