A: True B. False It is logal for a company employee to make a profit by porsonaly purchasing shares of the corporation phior to public release of fovorable informaton. A. True B. False Antitrust laws are constant across changes in governmental administration. A. True B. False Which of the following is true of a Regulation A offering? A. It necessitates the issuers to prepare a registration state B. It requires the maximum disclosure of information to inve C. It mandates that an offering circular be provided to the in D. It imposes resale restrictions on the securities it offers. A. True B. Falso (SEC): A. True B. False The officers of a corporation must act within the authority conferred on them by the articles of incorporation. True False Which of the following provides for both civil and criminal penaltios, including up to recovering treble damages, for securities fraud ty accountants? A. Section 32(a) of the Securities Exchange Act of 1934 B. Tax Reform Act of 1976 C. the Racketeer Influenced and Corrupt Organizations Act (RICO) D. the Private Securities Litigation Reform Act of 1995 For how long does a corporation exist unless a specific duration is stated in the corporation's articles of incorporation? A. seven (7) years B. twenty (20) years C. three (3) years D. in perpetuity