The Most Important Elements for Violation of Rule 10b-5 Are

question 52

True/False

The most important elements for violation of Rule 10b-5 are misstatement or omission of material fact and negligence.

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Definitions:

Unionized

Refers to workers or an organization that is part of a trade union, which negotiates wages, working conditions, and other employment terms.

Labour Relations Board

A government agency responsible for overseeing labor laws and resolving disputes between employers and unions.

Management Rights Clause

A section in a labor agreement that defines the rights and responsibilities of management to run and operate the company without interference.

Supreme Rights Clause

A legal provision asserting the primary authority of a nation's constitution or laws over any conflicting laws or agreements.