The ________ holds that the legal existence of a state or government happens automatically by operation of law
A. doctrine of transformation
B. declaratory doctrine
C. constitutive doctrine
D. doctrine of incorporation
B
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What type of liability is specifically imposed by statutory law?
A. Attractive nuisance B. Imputed liability C. Strict liability D. Intentional tort
Under Section 12 of the Securities Exchange Act of 1934, in addition to companies whose securities are traded on a national exchange, what class of companies is subject to the SEC's registration requirements?
A. Companies with annual revenues in excess of $5 million and 300 or more shareholders. B. Companies with annual revenues in excess of $10 million and 500 or more shareholders C. Companies with assets in excess of $5 million and 300 or more shareholders. D. Companies with assets in excess of $10 million and 500 or more shareholders.