1-Which of the following facts is the best evidence of the existence of a partnership relationship?
Joint or common ownership of property
Sharing of gross returns of a business
Sharing of net profits of a business
Joint participation in a business activity
2-Which of the following is afalse statement?
Securities include not only stocks and bonds but also other forms of investment contracts pursuant to U.S. legal interpretation.
The common types of securities are stocks and bonds issued by corporations.
When a security is offered to the public, the Securities and Exchange Commission generally requires that investors be provided with a prospectus.
“Blue sky” laws refer to federal securities laws found in blue colored law books in the United States.
3-Even an employee at-will can sue for wrongful discharge when he or she:
a. Is discharged in violation of Title VII of the Civil Rights Act.
b. Is discharged in violation of the Public Policy doctrine.
c. Is negligently discharged by the employer.
d. All of the above.
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