1 Even with all this cautionary language, under what circumstances would the partnership be liable 2 What is the goal of a prospectus 3 Is a prospectus by definition defective if the investment turns out to be worthless ...

1 If the cautionary language was buried among glowing praise However in this case the court ...

1. Even with all this cautionary language, under what circumstances would the partnership be liable? 2. What...

Question:

1. Even with all this cautionary language, under what circumstances would the be liable?
2. What is the goal of a prospectus?
3. Is a prospectus by definition defective if the investment turns out to be worthless?

Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...