Section 12 of the Securities Act of 1933 provides purchasers who have been injured by securities pursuant to an unwarranted exemption to rescind the securities purchase

A director will not be liable for a tort committed by him or her where it is proven that he or she was acting in the best interests of the company and within their scope ofauthority

Indicate whether the statement is true or false

You own a small grocery store. You are aware that customers occasionally slip and fall in grocery stores and sue for their injuries. What sort of insurance should you get to protect yourself from this?

A) Errors and omission. B) Professional liability C) Product liability D) Public liability E) Vicarious liability