Examlex
_____ is best described as the process of reorganizing and divesting business units and activities to refocus a company in order to leverage its core competencies more fully.
Scienter
Knowledge of wrongdoing or fraudulent intent, particularly in legal contexts involving deception.
Section 11
Often refers to a specific provision in a legal document or piece of legislation; the exact meaning depends on the context.
Securities Act of 1933
A U.S. legislation enacted as a result of the stock market crash of 1929, requiring that offers and sales of securities are registered, providing investors with truthful information on securities.
Liability
Legal responsibility or obligation that arises from actions or as a result of a contractual agreement, potentially requiring the liable party to compensate for damages or losses incurred.
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