Discuss exempt securities pursuant to the securities act

Assignment Help Business Law and Ethics

Reference no: EM13749658

The Case

Langley Brothers, Inc., a corporation incorporated and doing business in Kansas, decides to sell nopar common stock worth $1 million to the public. The stock will be sold only within the state of Kansas. Joseph Langley, the chairman of the board, says the offering need not be registered with the Securities and Exchange Commission. His brother, Harry, disagrees. Who is right? Explain.

In responding to the question be sure to address the following:

Discuss exempt securities pursuant to the Securities and Exchange Act.

Determine whether or not Langley Brothers would be subject to registration requirements.

Respond in a 1-2 page paper using APA format and citation style. Also include an additional title page and references page.

Reference no: EM13749658

Questions Cloud

Who was the macedonian ruler that invaded india : Who was the Macedonian ruler that invaded India in an effort to bring the vast territory under the influence of his empire.

Describe the agency relationship : Consider the following scenario: Barnett was orally hired by Paula to locate desirable real estate that she could use for rental property. She stated she wanted to find a four-plex that could be purchased for under $200,000 that could be rented for a..

Write a short summary of the issue and the outcome : For most of history, the concept of career planning was unknown. By and large, people were born into their jobs. Whatever their parents were they became too. In the 18th and 19th centuries, the Industrial Revolution profoundly altered the employment ..

Explain how would you evaluate the hco'' culture : Explain how would you evaluate the HCO''s culture? What measures show that the culture is effective? How would you identify opportunities for improvement in the culture?

Discuss exempt securities pursuant to the securities act : Discuss exempt securities pursuant to the Securities and Exchange Act - Determine whether or not Langley Brothers would be subject to registration requirements.

Made in full at the start of the boating season : Made in full at the start of the boating season, April 1, 2015. Slips for the next season may be reserved if paid for by December 31, 2014. Under a new policy, if payment is made by December 31, 2014, a 5% discount is allowed. The boating season ends..

What were the goals of the web site : Create at least four web pages that will link to one another. Each web page should include at least one or more items from directions below. What were the goals of the web site

Requirements for liability under theory - insider trading : Do the circumstances of this case meet all of the requirements for liability under that theory? Explain - Remember to justify your answer using information from your Reading and be sure to

Raci chart for project resources : Write a 5- to 7-page plan that includes a short description of the project a list of project stakeholders, a RACI chart for project resources, and a communication plan

User Account

All Pages