Plz answer all the questions

a. Len is personally liable only if he actually prepared the not is not personally d. Len is personally iable, as he has a duity iadeorge is preparing the offering documents to finance the has a duty to certifty the statement is aceurste. Christi bonds to be sued ty the City of use a bond is a a bond is not Yes ecause a "security. d. No, beea bond is not an exempt security the sale of povernment e. No, because a bond issued by a local government is an exempt becu ecurity. 42. (28jThe President of LTV Corp, is in the process of finishing up a major the dollars. Before announcement of the contract, he gives his mistress $10,000 to purchase LTV stock. His mistress shares the tip with her hairdresser who makes a options with an unrelated friend. LTV announces the major contract, its stock soars opitions have increased in value tenfold, and the SEC files insider trading charges against the LTV LTV Corp, is in the process of finishing up a major new defense contract that will be worth to invest in options similar investment in several hundred million to invest ieral hundred nid and the President, his mistress, the hairdresser and his friend. Decide. a. The President is not guilty of a 10b-5 violation since he did not profit from the information b. The mistress is guilty of insider trading based on her acting on the tip. C. The hairdresser and his friend are not guilty since they had no direct contact with an insider. d. The President, his mistress, the hairdresser and his friend all are guilty of 10b-5 violations e. All of a. b. and c, above. 43. 128Smith desires to raise $500,000 in new capital through the issuance of additional shares of stock in the corporation he owns. He plans to offer the shares for sale only to a limited number of accredited investors. Does he need to prepare a prospectus and register with the SEC? a. Yes, because this is not an exempt small offering. b. Yes, because shares of stock are "securities." c. No, because this is an exempt transaction. d. No, because shares of stock in a small company are not "securities." e. No, because shares of stock in a small company are "exempt securities." For the purposes of regulations under the federal securities acts, which of the following can cluded within the definition of "securities"? e. all of the above stocks and bonds debentures c. d. both a. and b. futures contracts e you ready for the semester to be over