Buyer damages of defrauded purchaser of securities

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Reference no: EM131375146

1. The buyer’s damages of a defrauded purchaser of securities

A Are measured at the time of purchase

B Include a punitive amount to discourage further fraud

C Are measured at the time when the fraud is discovered

D Are considered sunk costs and irrecoverable

E Include speculative damages

2. To obtain civil fines, either the Federal Trade Commission (FTC) or the Justice Department must ask the federal court to assess them. The exception to this rule is when companies

A Violate a cease and desist order

B Agree to fines as part of a cease and desist order

C Knowingly violate a prior FTC order against others

D Violate a trade regulation rule

E Agree to fines as part of a consent order

Reference no: EM131375146

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