In the registration statement filed with the SEC, DrugsUSA stated that it had three different medicines approved by the Food and Drug Administration (FDA). In reality, DrugsUSA had filed applications for approval with the FDA that were still pending. The SEC approved the sale of DrugsUSA stock, and Marilyn purchased $100,000 worth of stock. Two months later, all three of DrugsUSA's applications were denied by the FDA. The stock price plummeted, reducing the value of Marilyn's shares to a total of $2,000. What, if anything, can Marilyn recover

Answers

Answer 1

Answer:

In the given case, the default is done by the FDA and not the producing company, hence, the company in loss is eligible for the loss they have occurred. As per the laws in United states, any entity losing any profits or incurring any loss due to actions of some government entity will be eligible to that extent of loss or reduce in value.  Therefore, Marilyn is eligible to recover the loss in value, that is $98000, from food and drug administration.


Related Questions

how come ethics impact on psychology

Answers

Answer:

Ethical implications are the impact in which psychological research could have on the rights of individuals. This could be how the research affects public policy or the way in which certain groups are viewed or treated.

Explanation:

Discuss intellectual property frankly.

Be conscious of multiple roles.

Follow informed-consent rules.

Respect confidentiality and privacy.

Tap into ethics resources

Which of the following are examples of discretionary fiscal​ policy? ​(Check all that​ apply.) A. The government provides stimulus funds to repair roads and bridges to increase spending in the economy. B. Additional taxes are collected as the economy experiences an increase in income resulting from economic growth. C. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate. D. The president and Congress reduce tax rates to increase the amount of investment spending. E. A state government borrows money to finance the building of a new bridge. F. The government spends more on the military to provide assistance to England after a natural disaster.

Answers

Answer:

The government provides stimulus funds to repair roads and bridges to increase spending in the economy

The president and congress reduce tax rates to increase the amount of investment spending

Congress provides a tax rebates to encourage additional spending in order to reduce the unemployment rate

Explanation:

The following are examples of discretionary fiscal​ policy.

The government provides stimulus funds to repair roads and bridges to increase spending in the economy. Congress provides a tax rebate to encourage additional spending in order to reduce the unemployment rate.The president and Congress reduce tax rates to increase the amount of investment spending.

The correct options are A, C, and D.

What is discretionary and nondiscretionary fiscal policy?

Discretionary Fiscal Policy: changes in government spending and taxation enacted during a crisis affect the economy. Nondiscretionary Fiscal Policy: the set of policies built into the system to stabilize the economy, also known as automatic stabilizers.

These are deliberate policies implemented by the government to increase or decrease government spending or taxation. For example, when private sector demand and confidence are low during an economic downturn, Keynesian economists may advocate for a deliberate increase in the size of the fiscal deficit.

Thus, the ideal selection is options A, C, and D.

Learn more about discretionary fiscal policy here:

https://brainly.com/question/28136901

#SPJ2

Choose the term that best matches the description given.
The act that has its own definition and remedial steps for mistakenly created e-commerce contracts:
Pls help me. I will give best answer

Answers

Answer:

I have no idea is that history

Other Questions
need help which contemporary art career best fits this description - a photographer b fashion designer or c multi media designer description uses comp aided design is considered glamorous is good at predicting the future and follows trends and can be useful to rental chains Flash ECard Manufacturing manufactures software parts for the computer software systems that produce ecards. The Flash II part is currently manufactured in the Computer Department. The Data Department also produces the part and the plant has excess capacity to produce the Flash II part. The current market price of the Flash II part is $700. The managerial accountant reported the following manufacturing costs and variable expense data: Flash ECard Manufacturing Manufacturing Costs and Variable Expense Report Flash Component Direct materials $810 Direct labor $160 Variable manufacturing overhead $140 Fixed manufacturing overhead (current production level) $185 Variable selling expenses (only incurred on sales to outside consumers) $136 If the highest acceptable transfer price is $700 in the market, what is the lowest acceptable inhouse price the Data Department should receive to produce the part inhouse at the Computer Department? "810" Which story premise is most clearly a classic tragedy? Who would be invited or inclined to attend a hearing on a bill An architect is allowed 56 square yards of floor space to add a small bedroom to a house. because of the rooms design in relation to the existing structure, the lenght of the rectangular floor must be 6 yards less than 2 Times the width.Find the lenght and width of the rectangular floor that the architect is permitted What were some of Hideki Tojo's actions taken or policies put in place that would be classified as totalitarian? Match the following items.1.uses a lens to gather and focus lightrefracting telescope2. separates starlight into wavelengthsradio telescopes3. pick up faint-lighted starsspectrograph4. see binary starsgiant refractors5. see behind nebulae dustgiant reflectors The product of a number and negative seven is at most negative eighty-four? What is the smallest value of the number? She showed the child some beautiful pictures.(into Passive Voice) can someone please help me asap ill give extra brainly points!!! what's the area of the circle Dishwasher detergent is sold in individual packs is sold in 20, 60 and 90 pack containers which container do you think has the lowest unit rate of dollars per pack and why Describe two realistic demands protestors could bring forward in their peaceful protest so that they dont face the same situation in future the process which takes place in guard cells but not in other epidermal cells is? Please!!!! Write a 500-word report describing some of the efforts of Americans as they supported World War II from the home front. This should include a paragraph about Rosie the Riveter and the government's efforts to encourage women and minorities into becoming part of the work force. Include in your essay specific examples of support for World War II from people who lived in your particular area at that time. Can some please help due by 10will give brainlist to the best answer Central Historical Question: To what extent should the federal government be involved in the election process?Construct an argument that addresses the Central Historical Question using knowledge of federalism, election laws, specific claims, and relevant evidence from sources.In your argument, include the following:A claim that argues what level of involvement (unlimited, limited, or no involvement) the federal government should have in the election process for the statesWhat gives or does not give the federal government permission to be involved in electionsAt least 2 historical examples to support your opinion and assertionsthank you What is the equation of a line with a y-intercept at (0, 2) and a slope of 3?a. y = 2x + 3C. y = 3x + 2b. y = 3x - 2d. y = -2x + 3 explain how your know that 88is a solution to the equation 1/8 R = 11 complete the sentences The word solution means to 88 is a solution to 1/8 R = 11 because Annabelles bicycle has a wheel radius of 13 inches. She places a sticker on the wheel so that its minimum height above the ground is 0.5 inches. When she rides her bicycle, the wheel completes 90 revolutions every minute. The sticker begins at its minimum height above the ground. Which equation models the height in inches of the sticker after x minutes? y = 0.5 sine (180 pi x) + 13 y = 12.5 sine (180 pi x) + 13 y = 0.5 sine (180 pi x minus StartFraction pi Over 2 EndFraction) + 13 y = 12.5 sine (180 pi x minus StartFraction pi over 2 EndFraction) + 13 3. Which of the following statements best explains how the cell membrane 1 pointis selectively permeable? *The movement of specific substances into and out of the cell is controlled by the cellmembraneThe movement of waste substances into, but not out of the cell is controlled by thecell membraneThe cell membrane is inflexible and cannot control the movement of substances intoand out of the cellThe cell membrane does not surround the cell so it plays no role in the movement ofsubstances