QUESTION 11 In proving an antitrust violation in which the "per se" standard is applied: a. The plaintiff need only prove the existence of the prohibited conduct b. Plaintiff must show the conduct was unreasonable c. The defendant has no defense at all 2 points

QUESTION 12 Under the Securities Act of 1933, an accountant may be liable for any material false or misleading financial information, including an omission of material fact provided: a. The purchaser shows reliance on the registration statement b. The purchaser proves negligence on the part of the accountant c. The purchaser proves a false statement or omission existed and the specific securities were the ones offered through the registration statement. d. All of the above are appropriate 2 points

QUESTION 13 In which of the following situations would the employr have liability for sexual harassment? a. An employee sexually harasses another employee and the employer takes no immediate action when it knows of the harassment b. An employee sexually harasses another employee and the employer takes no immediate action when he should have known about the harassment regardless of whether the employer does in fact know of it. c. An employer would be liable in situations A and B d. An employer can never be held responsible for sexual harassment by one employee against another employee