Can kevin prevail on these grounds

Assignment Help Business Management
Reference no: EM131737667

Kevin, a C.P.A., prepares and certifies Cupcake Corporation's financial statements. These statements are in­cluded in Cupcake's registration statement filed with the Securities and Exchange Commission before Cupcake's offering of securities. Durant buys a security covered by the registration statement. Based on this transaction, Durant files a suit against Kevin under Section 11 and Section 10(b) of the Securities Exchange Act of 1934. To succeed in the suit, what must Durant prove? Kevin responds that Durant was not in priv­ity with him and that even if she had been in privity, he cannot prove his lack of due diligence.

Can Kevin prevail on these grounds? Why or why not? Explain your answers thoroughly.

Reference no: EM131737667

Questions Cloud

Discuss decision-making style of supervisor you have worked : Discuss the specific decision-making style of a supervisor you have worked closely with, and discuss whether this supervisor's style is rational or intuitive.
Briefly describe the okun law : In a typical recession, the unemployment rate rises 2 1 2%. Assume that at full employment, the unemployment rate is 4 1 2%, and it rises to 7% by the end.
What is your decision-making style : What Is Your Decision-Making Style? Explain whether or not you found the quiz useful and also what concepts from the background materials applied?
Determine the price for your product : Determine the price for your product. Justify that price and provide a link to the product that is close to your idea or a link to resources that you found help
Can kevin prevail on these grounds : Can Kevin prevail on these grounds? Why or why not? Explain your answers thoroughly.
What lessons were learned from the great depression : After the world pulled out of the Great Depression of the 1930s, many forecasters expected a repeat of that decline after World War II.
Explain your weakest communication skill on your present job : Describe your weakest communication (listening) skill on your present job. Explain how you will improve your listening ability.
Discuss the fundamental drive in the universe : the fundamental drive in the universe, Behind truth, thought, and morality lay drives and passions
Implications of different organizational designs : How might downsizing affect organizational structures and employees? What are the behavioral implications of different organizational designs?

Reviews

Write a Review

Business Management Questions & Answers

  Management information systems

Describe Android (a mobile-device operating system) and how it works. Discuss the role this open source software has in management information systems.

  Problem regarding the firm international competitiveness

What impact does the dollar appreciation have on the firm's international competitiveness? What about a dollar depreciation?

  How should ceo approach resolving issues while supporting

how should CEO approach resolving issues while supporting well-being of organization. All sources used must be referenced.

  List factor that nlrb considers to determine bargaining unit

List factors that NLRB considers to determine a bargaining unit. The ______ removed unions from Sherman Act jurisdiction and limited use of federal injunctions.

  What is the intrinsic price-per-share

If the D0 is $1.20, the growth rate is 0.07, and the required rate of return on the stock is 0.12, what is the intrinsic price-per-share?

  Analyze the consumer decision making process for automobiles

Analyze the consumer decision making process for automobiles in the segment you have identified for Ecostar. Provide justification in support of your profile.

  Business problems-ethics

Watch the video segment titled "Business Problems/Ethics." How does the globalization of business affect how you would analyze.

  Extended version of the solow model predicts

Why the signs of the OLS estimates of b1, b2, and b3 are in line with what the extended version of the Solow model predicts?

  What insight have you gained from the article

What insight have you gained from this article? How would you position yourself against the 8 issues that were brought forward in the article?

  Why leader must be people centric in order to create an edge

Discuss the nature and types of challenges facing leader in the 21st century; Explain why leader must be people centric in order to create a completive edge.

  Describe the organizational structure and design

Describe the organizational structure and design. Analyze the corporate culture and methods used to influence employee satisfaction and retention.

  Different elements of the organization

How might you organize the data your CPMT collects to determine what functions really are the most critical to the organization?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd