The Securities Litigation Uniform Standards Act of 1998 limits shareholders' ability to bring class action suits against nationally traded companies.
The Securities Litigation Uniform Standards Act (SLUSA) of 1998 is a law that limits shareholders' ability to bring class action suits against nationally traded companies. To protect companies against frivolous shareholder lawsuits, the act provides for a mandatory stay on state court litigation that qualifies as a "covered class action" as defined in the act.
In addition, the act extends the scope of protection afforded by the Private Securities Litigation Reform Act (PSLRA) of 1995 to companies whose securities are not actively traded on national exchanges. The act intends to stop plaintiffs from bringing meritless state class action lawsuits in order to avoid the federal protections and provisions of the PSLRA.
The Securities Litigation Uniform Standards Act was signed into law on November 3, 1998, by President Bill Clinton.
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Match the descriptions with the words.
talking a bill to death
formal charges brought against a public official for high crimes and misdemeanors
amendment attached to a bill likely to pass that does not necessarily relate to the bill
anything that the government backs as money
ensures that one branch is not more powerful than another
Talking a bill to death - Filibuster
Formal charges brought against a public official for high crimes and misdemeanors - Impeachment
Amendment attached to a bill likely to pass that does not necessarily relate to the bill - Rider
Anything that the government backs as money - Legal tender
Ensures that one branch is not more powerful than another - Checks and balances
Talking a bill to death (filibuster): A filibuster is a parliamentary maneuver in which a member speaks nonstop to impede or postpone the advancement of a bill, essentially preventing a vote and extending the discussion.
Impeachment is the process of formally accusing a public official of serious offenses such as high crimes or misdemeanors with the possibility of removal from office.
A rider is an additional provision or amendment added to a bill, frequently unrelated to its main purpose with the goal of increasing its chances of passage. It is attached to bills that are likely to pass and does not necessarily relate to the bill itself.
Any form of currency or payment method that the government recognizes as acceptable and recognized for the settlement of financial obligations is referred to as legal tender.
Checks and balances are a system in democratic governance that distributes power among the various branches of government to prevent any one branch from becoming overly dominant and to maintain accountability and balance of power. This prevents one branch from being more powerful than another.
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Which civic responsibilities are required by law ?
Voting and paying taxes are required civic responsibilities.
What are two obligatory civic responsibilities?Two civic responsibilities that are required by law in many countries, including the United States, are voting and paying taxes.
These responsibilities are considered fundamental to the functioning of a democratic society and the maintenance of government operations.
Voting is a crucial civic duty as it allows citizens to participate in the democratic process by electing their representatives and expressing their preferences on important issues.
It ensures that the government reflects the will of the people and promotes accountable governance.
Paying taxes is another essential civic responsibility. Taxes provide the government with the necessary resources to fund public services and infrastructure, such as education, healthcare, transportation, and defense.
By fulfilling their tax obligations, citizens contribute to the functioning of government and the well-being of society as a whole.
While these two responsibilities are required by law, there are also other voluntary civic duties that individuals can undertake, such as community service, jury duty, and obeying the law. These actions contribute to the betterment of society and promote a sense of civic engagement and responsibility.
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randy is a sales agent representing a seller under a listing agreement. raul knows that the house has plumbing problems but tells a buyer that the house has no problems. which if the following is a true statement regarding randy's culpability if the buyer prevails in a suit for statutory fraud?
Randy may be held liable for the buyer's suit for statutory fraud if he had knowledge of the plumbing problems and failed to disclose them to the buyer.
In this scenario, Randy is a sales agent representing a seller under a listing agreement. Raul, the buyer, is informed by Randy that the house has no plumbing problems, despite Randy's knowledge of the actual issues. If the buyer prevails in a suit for statutory fraud, Randy's culpability will depend on his actions and knowledge regarding the plumbing problems.
Statutory fraud typically refers to the intentional misrepresentation or concealment of material facts with the intention to deceive another party. If Randy had knowledge of the plumbing problems and deliberately withheld this information from the buyer, it could be seen as an act of misrepresentation and concealment. In such cases, Randy could be held accountable for his actions.
Real estate agents have a legal and ethical duty to disclose any known defects or issues with a property to potential buyers. Failing to disclose material information, such as plumbing problems, may violate this duty and expose the agent to liability.
However, it is important to note that the specific laws and regulations regarding real estate vary across jurisdictions. The outcome of the buyer's suit and the extent of Randy's culpability will depend on the applicable laws and the evidence presented in the case.
In summary, if Randy knew about the plumbing problems and intentionally concealed them from the buyer, he may be held liable for the buyer's suit for statutory fraud. Real estate agents have a duty to disclose material information about a property, and failure to do so can result in legal consequences. #SPJ11
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the combination of vegetal and figural forms in the basin (baptistère de st. louis) reflects the islamic connection between
The combination of vegetal and figural forms in the basin (baptist ère de st. louis) reflects the Islamic connection between nature and art.
The basin is a representation of the Islamic tradition of combining plant and figural patterns, which was used to depict Islamic religious and cultural practices.What is Baptist ere de Saint Louis?Baptist ere de Saint Louis is a large marble basin inlaid with Champlain enamel. It was made in the 14th century in Syria or Egypt. The large basin is now kept in the Louvre Museum. The baptistery has scenes of knightly combats and hunting along with emblems of the royal French crown and blue fleurs-de-lis, as well as Islamic inscriptions.The Islamic connection between nature and art The combination of vegetal and figural forms in the basin (baptist ère de st. louis) reflects the Islamic connection between nature and art.
It is a reflection of the Islamic tradition of using plant patterns to represent religious and cultural practices. Islamic art reflects the ideals and philosophies of Islamic culture. Islamic art uses a variety of techniques and materials to create art that is both beautiful and meaningful.The use of plant patterns in Islamic art The use of plant patterns in Islamic art is called arabesque. Arabesque is a form of Islamic ornamentation that uses plant forms such as leaves, vines, and flowers in complex patterns. Arabesque designs are often used in Islamic architecture, textiles, ceramics, and metalwork. Arabesque designs are highly stylized and often incorporate calligraphy as well. Islamic art is known for its intricate patterns, rich colors, and beautiful designs.
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True or False: Referring to people who support the women’s right to choose, as "murderers" is an example of the unethical practice referred to as testimonials.
True: Referring to people who support the women’s right to choose, as "murderers" is an example of the unethical practice referred to as testimonials.
What is the meaning of the term testimonials?Testimonials are unethical practices that should be avoided. A testimonial refers to the method of persuasion used to convince others about the worth or worthlessness of a product or service by way of endorsements, either by a satisfied customer or an expert. Such endorsements can be dangerous when it comes to their effectiveness, legality, and ethics. Additionally, testimonials are a common form of propaganda and a violation of the basic principles of evidence-based argumentation.
Testimonials are a form of propaganda and a violation of the basic principles of evidence-based argumentation. Referring to people who support the women’s right to choose, as "murderers" is an example of the unethical practice referred to as testimonials.
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the right to free speech is considered (check all that apply) positive right
The right to free speech is considered as a positive right. A positive right is a legal claim that is available to the citizens. It is an affirmative right that is conferred by the state or a government to its citizens.
It is considered as a right because it can be enforced. A positive right enables citizens to demand something from their government. Freedom of speech is a positive right because it allows people to express their opinions or views about issues. It is also one of the fundamental human rights that are protected by international law.
Freedom of speech is considered a universal right that belongs to every person. It is the foundation of democracy and the cornerstone of every free society. It is essential for promoting and protecting human dignity and it is a powerful tool for social change.
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Musical Tones, Inc., sells fifty MP3 players to Noise Stores, Inc. To avoid liability for most implied warranties, Musical should state in writing that the players are sold
Musical Tones, Inc., sells fifty MP3 players to Noise Stores, Inc. To avoid liability for most implied warranties, Musical should state in writing that the players are sold "as is."
Sellers of goods in the United States are held to certain implied warranties unless they specifically disclaim them. For example, the implied warranty of merchantability requires that goods be of a certain quality and free from defects that would make them unfit for ordinary use. The implied warranty of fitness for a particular purpose applies when a buyer relies on a seller's expertise to provide the appropriate goods. To avoid liability for most implied warranties, Musical should state in writing that the players are sold "as is." This means that the buyer is taking the goods in their present condition and assumes the risk if they turn out to be defective or not of the quality they expected.
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What is the purpose for a caucus within an election?
A caucus within an election serves as a meeting where members of a political party come together to discuss and choose their preferred candidate for office.
A caucus is a gathering where members of a political party convene to discuss, debate, and select their preferred candidate for an election. Unlike a primary election where voters cast secret ballots, caucuses involve face-to-face interactions and discussions among party members. They provide a platform for party members to express their opinions, voice concerns, and rally support for their preferred candidate. Caucuses often involve multiple rounds of voting and the opportunity to persuade undecided members.
The goal is to reach a consensus and ultimately select the candidate who will represent the party in the general election. Caucuses can vary in format and rules depending on the specific party and state. They are most commonly used in the United States, particularly in the early stages of the presidential nomination process.
Caucuses play a crucial role in the democratic process by allowing party members to actively participate in candidate selection. They encourage engagement, debate, and grassroots organizing within the party. Caucuses also provide an opportunity for candidates to showcase their strengths, connect with party members, and build momentum for their campaign. However, caucuses can be time-consuming, require significant resources, and may not be as inclusive as primary elections, as they typically attract more committed and involved party members. In recent years, some states have transitioned from caucuses to primary elections to increase accessibility and participation. Nonetheless, caucuses remain an important feature of the electoral system, shaping the direction and choices of political
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