Using the following table, classify and name the following C…

Using the following table, classify and name the following Classification: A is [BLANK-1], C is [BLANK-2], E is [BLANK-3], G is [BLANK-4], I is [BLANK-5], L is [BLANK-6] IUPAC names: for B is [BLANK-7], for D is [BLANK-8], for F is [BLANK-9], for H is [BLANK-10], for K is [BLANK-11], for M is [BLANK-12] 104 exam question naming.png

Corp is a duly registered and publicly traded corporation. I…

Corp is a duly registered and publicly traded corporation. It consistently reports annual earnings per share and pays shareholder dividends that far exceed those typically reported by like businesses in Corp’s industry. Cobb is the chairperson of Corp’s board of directors. At a social gathering Cobb was approached by Olivia who told Cobb that she intended to make a tender offer to take over Corp. Cobb was initially non-committal but listened to her pitch. Corp’s shares were selling on the exchanges for $50 per share. Olivia stated she might be willing to go as high as $100 per share in her offer to Corp’s shareholders. Cobb then requested and subsequently received a letter of intent. Before discussing Olivia’s offer with Corp’s board of directors, Cobb instructed his stockbroker to acquire as much Corp stock for Cobb’s account as possible “without setting off alarms.” The stockbroker immediately did as instructed. Over the next two weeks, Cobb’s portfolio holdings of Corp stock grew from 1,000 to 25,000 shares. Three weeks after receiving Olivia’s offer, and before meeting with the Corp board of directors, Cobb met with Sue, a realtor who handled property acquisitions for Corp. Cobb asked Sue to make a full-price offer on a beachfront property he had been eyeing for some time. Sue asked, “What happened, did you win the lottery?” Cobb replied, “I’ve just been investing wisely and now I’m ready to buy that property.” At the board meeting, Cobb disclosed Olivia’s letter of intent and discussion ensued about a response. Cobb informed the board that Olivia had mentioned going as high as $100 per share and the board was in favor of accepting the offer. With Cobb’s passionate urging the board countered at $120 per share and Olivia raised her offer to $110 per share and the board unanimously approved and voted to recommend the tender offer to the Corp shareholders. After the takeover closed and all of Corp’s shareholders received their money, Cobb deposited $2.75 million into escrow to buy the beachfront property – the sum total he had received from the takeover for his 25,000 shares. Did Cobb violate Rule 10b5? Did Sue have tippee liability under Rule 10b5? Discuss fully.