Can kevin prevail on these grounds

Assignment Help Business Management
Reference no: EM131737667

Kevin, a C.P.A., prepares and certifies Cupcake Corporation's financial statements. These statements are in­cluded in Cupcake's registration statement filed with the Securities and Exchange Commission before Cupcake's offering of securities. Durant buys a security covered by the registration statement. Based on this transaction, Durant files a suit against Kevin under Section 11 and Section 10(b) of the Securities Exchange Act of 1934. To succeed in the suit, what must Durant prove? Kevin responds that Durant was not in priv­ity with him and that even if she had been in privity, he cannot prove his lack of due diligence.

Can Kevin prevail on these grounds? Why or why not? Explain your answers thoroughly.

Reference no: EM131737667

Questions Cloud

Discuss decision-making style of supervisor you have worked : Discuss the specific decision-making style of a supervisor you have worked closely with, and discuss whether this supervisor's style is rational or intuitive.
Briefly describe the okun law : In a typical recession, the unemployment rate rises 2 1 2%. Assume that at full employment, the unemployment rate is 4 1 2%, and it rises to 7% by the end.
What is your decision-making style : What Is Your Decision-Making Style? Explain whether or not you found the quiz useful and also what concepts from the background materials applied?
Determine the price for your product : Determine the price for your product. Justify that price and provide a link to the product that is close to your idea or a link to resources that you found help
Can kevin prevail on these grounds : Can Kevin prevail on these grounds? Why or why not? Explain your answers thoroughly.
What lessons were learned from the great depression : After the world pulled out of the Great Depression of the 1930s, many forecasters expected a repeat of that decline after World War II.
Explain your weakest communication skill on your present job : Describe your weakest communication (listening) skill on your present job. Explain how you will improve your listening ability.
Discuss the fundamental drive in the universe : the fundamental drive in the universe, Behind truth, thought, and morality lay drives and passions
Implications of different organizational designs : How might downsizing affect organizational structures and employees? What are the behavioral implications of different organizational designs?

Reviews

Write a Review

Business Management Questions & Answers

  Five international strategies

How are the five international strategies used to enter new foreign markets and when is each most useful?

  Accountable for improvement on the issues

You are Jennifer's CFO, and you believe you can couch Jennifer. How would you approach her and what would you say? What issues would you work with her on? How would you hold Jennifer accountable for improvement on the issues you identified?

  Deliberate scholarly detail the term social responsibility

Deliberate in scholarly detail the term social responsibility as well as find an example of a company action that was legal but not socially responsible.

  How do two tables are true relationship tables

Howw do two tables are 'True relationship tables'

  Data evaluation for decision making

Successful, fact-based managerial decision-making depends, in part, on identifying sources of relevant information that are suitable for analysis. However, even with the most suitable information, bias can compromise your decision-making process.

  Result of two types at the same time

How might you handle the change? Are there other kinds of changes in a project in addition to these three basic types?

  Consumer rated meat producer on the island

Chicken is the number one choice of meat for the island. Delite Meats is the number one consumer rated meat producer on the island.

  Describe the compensation or benefits program you selected

Describe the compensation or benefits program you selected. Evaluate the program. Include why it is effective, at least two ways you might improve it, and how you might apply it to your current or future health care organization.

  Challenges of using benchmarking within healthcare

Discuss the potential benefits and challenges of using benchmarking within healthcare. Pick one specific challenge or benefit and answer the following questions:

  Eliminate shortages and stock outs

Why would not a company always store large quantities of inventory to eliminate shortages and stock outs?

  The ceo of a large company has retained you as a management

the ceo of a large company has retained you as a management consultant to look into an area of concern that she has.

  Pregnancy discrimination act of 1978

In the event that a woman learns she is in the early stages of her pregnancy (not yet showing) , is she required to disclose to her potential employer that she is pregnant? Why or Why not?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd