Which of the Following Statements Is True About Blue-Sky Laws

question 45

Multiple Choice

Which of the following statements is true about blue-sky laws?

• A)They are state laws that provide penalties for fraudulent sales and permit the issuance of injunctions to protect investors from anticipated fraudulent acts.
• B)They are state laws that give investors the information they need to make intelligent decisions about whether to purchase securities.
• C)All blue sky statutes provide civil penalties for selling fraudulent securities and conducting fraudulent transactions.
• D)They give the bidder and the target company equal opportunities to present their cases to the shareholders.

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Definitions:

Plans

Detailed proposals for doing or achieving something, often with a specific goal in mind and steps outlined to reach it.

Procedures

Established methods or sequences of actions for performing specific tasks or activities within an organization or process.

Strategies

The plans and actions taken by a business or individual to achieve specific goals and objectives.

Core Values

Fundamental beliefs or principles that guide the behavior and decision-making processes of an individual or organization.