Unit 9 Case Analysis Langley Brothers, Inc., a corporation incorporated and doing business - 88272

Solution Posted by
Mastertutor

Mastertutor

Rating : No Rating
Solution Detail
Price: $5.99
  • From: Law, Criminal Justice
  • Posted on: Tue 10 Feb, 2015
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description
Unit 9 Case Analysis Langley Brothers, Inc., a corporation incorporated and doing business in Kansas, decides to sell no par common stock worth $1 million to the public. The stock will be sold only within the state of Kansas. Joseph Langley, the chairman of the board, says the offering need not be registered with the Securities and Exchange Commission. His brother, Harry, disagrees. Who is right? Explain. In responding to the question be sure to: ? Discuss the exempt securities pursuant to the Securities and Exchange Act. ? Determine whether or not Langley Brothers would be subject to registration requirements.
Solution Description
Attachments
Unit_9_Case_Analysis_COMPLETED1.doc
Unit_9_Case_Ana...