subject
Law, 21.12.2019 00:31 raedusty3200

Ayoung stockbroker was rather overwhelmed by a flood of new clients. assunta, one of his clients, had purchased xyz corp. stock through the broker at a price of $35 per share. the price had gone down to $29 by the time assunta telephoned the broker. assunta told the broker that she wanted to sell the stock if it went below $30 and inquired as to the price. the broker did not check the price, but thinking it could not have fallen below the $30 threshold, simply reassured assunta that it was still "in the low 30s." marta, assunta's cousin, also had purchased xyz stock at $35 per share and made a similar call to the broker and received the same response. marta, however, coincidentally saw the price on a stock ticker tape when she hung up and realized the broker had made an error. both assunta and marta held the stock and did not sell. later that same day, the stock price fell an additional $7 per share. facing sizable losses, both assunta and martha decided to sue for fraud when marta told assunta of the broker's misstatement. discuss the probable outcome of the lawsuits.

ansver
Answers: 1

Another question on Law

question
Law, 03.07.2019 15:10
What does charged off as bad debt canceled by credit grantor mean?
Answers: 2
question
Law, 10.07.2019 07:10
Which of the following is a polynomial with roots 3,5i, and -5if(x)=x^3-3x^2+25x-75f(x)=x^3-3x^2+15x-25f(x)=x^3-15x^2+25x-75f(x)=x^3-3x^2+15x-75
Answers: 2
question
Law, 16.07.2019 01:40
Is considered traction-reducing weather.
Answers: 1
question
Law, 16.07.2019 14:10
Which of the following is not an indication of being drowsy? a. heavy eyelids b. excessive blinking c. irritability d. joint pain
Answers: 1
You know the right answer?
Ayoung stockbroker was rather overwhelmed by a flood of new clients. assunta, one of his clients, ha...
Questions
question
Mathematics, 03.03.2021 14:00
question
Mathematics, 03.03.2021 14:00
question
Biology, 03.03.2021 14:00
question
Mathematics, 03.03.2021 14:00
question
Mathematics, 03.03.2021 14:00
question
English, 03.03.2021 14:00