To be effective, discipline must meet which of the following criteria?
A. morality and corruption
B. meaningful and enforceable
C. thrifty and honesty
D. None of these are correct.
Answer: B. meaningful and enforceable
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The Securities Act of 1933 sets rules and procedures regarding a mutual fund's prospectus sent to potential investors.
a. true b. false
An employee of Nelson Manufacturing was injured by a defective machine Nelson purchased from Clark Corporation
The employee's tort action against Clark was successful. Clark, in turn, sued Nelson, alleging that Nelson failed to provide proper operating instructions to the employee. This claim (Clark vs. Nelson) is covered under Part Two of Nelson's workers compensation and employer liability policy. Such claims are called A) third-party over cases. B) absolute liability cases. C) joint-and-several liability cases. D) mass tort cases.