Question

Act of 33, 34, or common law? an investor is filing suit for losses sustained in the purchase in publicly traded bonds bought from a company upon initial registration

A) Act of 1933
B) Act of 1934
C) Common law
D) None of the above

Answer 1

The relevant legislation in this case is the Act of 1933, which regulates the offering and sale of securities. The investor's suit for losses sustained in the purchase of publicly traded bonds falls under the Act of 1933.

Step-by-step explanation:

The relevant legislation in this case is the Act of 1933. The Act of 1933, also known as the Securities Act of 1933, is a federal law that regulates the offering and sale of securities to protect investors from fraud. It requires companies to disclose certain information about the securities being offered, including risks and financial statements.

In this scenario, the investor is filing suit for losses sustained in the purchase of publicly traded bonds. The Act of 1933 is specifically applicable to the initial registration of securities, including bonds, and provides legal remedies for investors in case of misrepresentation or fraud. Therefore, the answer is option A) Act of 1933.