State laws imposing criminal sanctions for security law violations are called blue sky laws.
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Company X was responsible for 40 percent of the environmenta…
Company X was responsible for 40 percent of the environmental pollutants on a hazardous waste site whereas Company Z was responsible for the remaining 60 percent. Under CERCLA, which of the following is true regarding the imposition of liability on the parties?
The legal basis for land-use planning and regulation is the…
The legal basis for land-use planning and regulation is the __________—that is, the inherent authority of a city or county to protect the health, safety, and welfare of its residents.
The main goal of Section 7 of the Clayton Act is to prohibit…
The main goal of Section 7 of the Clayton Act is to prohibit:
__________ purport to give an employer the right to recoup s…
__________ purport to give an employer the right to recoup some or all of an employee’s stock option gain if he or she goes to work for a competitor within a certain period of time following exercise of the option.
Under the FTC’s __________, “all or virtually all” of the pr…
Under the FTC’s __________, “all or virtually all” of the product must be made in the fifty states, the District of Columbia, or the U.S. territories and possessions.
In general, courts may hold that a one-time incident is not…
In general, courts may hold that a one-time incident is not enough to create a hostile environment, except when the conduct was severe.
Which of the following is true regarding private suits to en…
Which of the following is true regarding private suits to enforce the Sherman Act?
__________ sell beneficial shares that are traded in the sto…
__________ sell beneficial shares that are traded in the stock markets and thereby permit small investors to invest in a diversified portfolio of real estate.
In CASE 19.1 Gatz Properties, LLC v. Auriga Capital Corporat…
In CASE 19.1 Gatz Properties, LLC v. Auriga Capital Corporation (2012), Gatz Properties was the managing member of Peconic Bay, LLC, controlled by the Gatz family. After failing to disclose material offers for assets of the LLC, Gatz bought out the minority members’ interests in Gatz Properties LLC for $20,890. The minority members sued, winning over $800,000 based on Gatz’s breach of fiduciary duties. Gatz appealed. How did the court rule on appeal, and why?