1. Occasionally, a court may hold an employer liable for harassment by nonemployees if the employer knew, or should have known, about the harassment and failed to take immediate remedial action. True or False

2.Profits earned by the purchase and sale, or sale and purchase, of the same security within a six month period is regulated and is termed misappropriation theory. True or False

3. One of the elements of the Howey Test is that the investment must include real property for the test to apply. True or False

4. Double taxation occurs when shareholders pay tax twice: First on the dividends received and then second on the shares of the business when they are sold. True or False

5. Regarding employment at will, exceptions to this doctrine based on public policy must be clearly expressed in the legislative law of that particular jurisdiction. True or False