The reason behind it is Sociology talks about society, social relationship and also culture. commerce talks about the economy whatever, we purchase and sell. ... The study of sociology and commerce helps us to understand the need for people and helps us to understand the market opportunities and public relations.
For action brought under Section 10(b)
1.)There was a material misrepresentation or omission
2.) The plaintiff suffered damages
<span>3.) The plaintiff relied on the fraudulent statement and </span>
4.) existence of scienter
<span>Both 10(b) and 10b-5 cover registered and unregistered securities, and not just original issuances.</span>
The soviet and chinese helped korean communists gain power in the north