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__________ 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 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?

A misdemeanor is a crime punishable by a fine or a jail sentence of one year or less.

It is not necessary to prove intentional discrimination to prevail in a disparate impact case.

If an employee works more than 40 hours in a workweek, what are an employer’s requirements concerning compensation for that employee?

Section 2 of the Sherman Act prohibits:

All tenants in common have an equal right to possession of the property.

CASE 14.2 Universal Health Services, Inc. v. United States ex rel. Escobar (2016), involved a qui tam suit against Universal Health asserting that they submitted claims for reimbursement for services but failed to disclose serious regulation violations. Which of the following statements about this action is true?

C corporations are taxed as a pass-through entity.

What was the central issue in CASE 15.1 United States v. Hansen (2001)?