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2300 take D Question 19 1 pts Pat owns one share of stock in Quik-Stop Stores, Inc., as evidenced by a stock certificate. Because stock is intangible personal property, Pat's ownership of the stock cannot exist without a rangible stock certificate cannot exist without the original stock certificate. cannot be transferred without the stock certificate. exists independently of the stock certificate Question 20 1 pts Fact Pattern 42-3 Da, in accomtant for Eurekaline, leams of undisclosed company plans to market a new laptop. Dan buys 1,000 shares of the firm's stock. He reveals the company plans to Fay, who tells Greg. Both Fay and Greg buy 100 shares. Greg knows that Fay get her information from Dan. When Eurekat publicly announces its new laptop, Dan. Fay, and Greg well their stock for a profit. Refer to Fnet Pottem 42-3. Under the Securities Exchange Act of 1934, Fuy is most likely not liable because Pay did not minappropriate any information Olable for inside trading not liable because Pay does not work for Burekat not liable because Fay did not prevent others from profiting Question 17 1 pts Ruby Red Corporation is incorporated in South Carolina. In that state, Ruby Red is O a non-entity an alien corporation a domestic corporation a foreign corporation D Question 18 1 pts L.ce files a suit against Memphis Studios Inc. While the suit is pending, Memphis Studios consolidates with Nashville Music Corporation to form Opry Productions, Inc. Now, liability in the suit, if any, rests with Lee o one Opry Productions Memphis Studios and Nasloville Music