Cheap Things, Inc. employs 550 workers in six states. Cheap Things, Inc. cannot

Question

Cheap Things, Inc. employs 550 workers in six states. Cheap Things, Inc. cannot discriminate in the hiring of employees for reasons of Height Educational background Union affiliation None of the above Cortina Asset Management wants to expand into London but they don't have the capital. The bank asks that one of their clients, Mr. X, guarantee the loan for expansion. Mr. X executes a guaranty of Cortina's loan. Mr. X is liable: For the entire amount of the loan, regardless of whether Cortina can pay For half of the loan and Cortina the other half For the entire amount of the loan only after the bank tries to collect from Cortina Has no liability because these types of loans are illegal Under which act would Justin be charged with insider trading Securities Act of 1933 Securities Act of 1934 Securities Act of 1935 Sarbanes-Oxley

Explanation / Answer

1. D. None of the above

2.C.For the entire amount of the loan only after the bank tries to collect from Cortina

3. B. Securities Act of 1934

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