Victim of form of employment discrimination

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Reference no: EM132159213

1. Hu believes that he is a victim of a form of employment discrimination that falls under Title VII of the Civil Rights Act of 1964. Compliance with this statute is monitored by:

a. employers and businesses, rather than an administrative agency.

b. an administrative agency, the Equal Employment Opportunities Commission.

c. employees and job applicants, rather than an administrative agency.

d. the courts and Congress, rather than an administrative agency.

2. Nicholas and Holly are partners in a toymaking shop. If Rudolph obtains a judgment against Nicholas for injuring Rudolph while Nicholas was on partnership business, Rudolph must try to collect from the partnership before going after Nicholas’ personal assets.

True

False

3. Section 16 of the 1934 Act prohibits short-swing trading on the part of any person who is:

a. an officer of a corporation.

b. a director of a corporation.

c. any shareholder who owns ten percent or more of the corporate stock.

d. All the above.

4. Meredith, a small shareholder in Quarto, Inc., notified Quarto's board of directors that the corporation had been wronged and asked the board to bring a lawsuit in the corporation's name. In response to Meredith's demand, the board can:

a. file suit on behalf of the corporation.

b. reject Meredith's demand or simply fail to respond.

c. appoint a special litigation committee.

d. do any of the above.

5. Which of the following statements are True about the Securities Exchange Act of 1934?

a. It regulates short-swing profits in order to stop speculative insider trading.

b. It requires periodic disclosures from issuers of securities.

c. It is a blue-sky law.

d. Rule 10b-5 of the Securities And Exchange Act of 1934 applies to securities that do not have to be registered.

Reference no: EM132159213

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