Beta is a more relevant measure of risk to an investor with a well-diversified portfolio than to an investor who holds only one stock

Which of the following situations gives rise to the application of the equitable remedy of rectification?

A) Both parties to a contract agree that they want to change some of its terms and thus apply jointly to the court to have the relevant terms altered. B) The two parties to a contract have made a mutual mistake and one of these parties is asking the court to choose the more reasonable meaning of the terms in question. C) The defendant has a justifiable defence of non est factum. D) A written instrument, because of an obvious mistake, does not embody the unchanged terms of an original oral agreement. E) The contract is one requiring "utmost good faith."

Scissorwire Inc sells shares of its stock to the public, with each share valued at $16. After a year, the company incurs a loss and the price of each share drops to $5

The company reveals that it had deliberately not registered with the SEC before going public and that it has no money to pay the investors. Which of the following holds well in this context? A) Scissorwire Inc. can register with the SEC at any point after the dip in shares. B) The U.S. government can file a criminal lawsuit against Scissorwire Inc. to seek criminal penalties. C) The investors have been negligent in not verifying registration before purchase of shares and cannot rescind their purchase. D) Scissorwire Inc. is liable for the violation of the Securities Exchange Act of 1934.